# Accredited Broker > Industry News for Finance, Accounting and Real-Estate Professionals ## Posts - [ANZ sells off Origin mortgage business](https://accreditedbroker.com.au/anz-sells-off-origin-mortgage-business/): Eric Johnston | SMH | September 21, 2012 http://www.smh.com.au/business/anz-sells-off-origin-mortgage-business-20120921-26b80.html ANZ has offloaded its wholesale mortgage distribution business, Origin Mortgage Management Services to Sydney-based mortgage funding business Columbus Capital. The sale, for an undisclosed amount, comes on the heels of ANZ selling its shares in global payments group Visa. Both sales have been triggered in part […] - [Lenders operating fast and loose on exit fees, says ASIC](https://accreditedbroker.com.au/lenders-operating-fast-and-loose-on-exit-fees-says-asic/): Anthony Klan | The Australian | September 19, 2012 http://www.theaustralian.com.au/business/lenders-operating-fast-and-loose-on-exit-fees-says-asic/story-e6frg8zx-1226476873973 A study by the corporate regulator has uncovered wide-spread problems in how lenders charge mortgage “break-fees”, suggesting many borrowers are being overcharged when they refinance. According to the Australian Securities & Investments Commission, three-quarters of the 20 lenders it surveyed failed to hold records of […] - [Upmarket homes face spring sale woes](https://accreditedbroker.com.au/upmarket-homes-face-spring-sale-woes/): Gretchen Friemann | AFR | August 27, 2012 http://www.afr.com/p/business/property/upmarket_homes_face_spring_sale_tOwR7s9gEMyfLweKJpI5dL House prices in some of the nation’s wealthiest suburbs are likely to decline throughout the crucial spring selling season as concerns at faltering economic growth keep a lid on demand. The prediction is despite stronger than anticipated auction clearance rates at the weekend, with Sydney hitting […] - [ATO targets banks, receivers over 'missing billions'](https://accreditedbroker.com.au/ato-targets-banks-receivers-over-missing-billions/): Richard Gluyas | The Australian | August 21, 2012 http://www.theaustralian.com.au/business/ato-targets-banks-receivers-over-missing-billions/story-e6frg8zx-1226454461928 A $9.9 MILLION property sale has triggered an Australian Tax Office probe targeting the banking and insolvency industries over what some claim is billions of dollars in lost GST payments. The ATO investigation follows evidence presented to a Senate committee hearing earlier this month by […] - [Borrowers beat path away from big banks](https://accreditedbroker.com.au/borrowers-beat-path-away-from-big-banks/): Tim Colebatch | SMH | August 9, 2012 http://www.smh.com.au/money/borrowing/borrowers-beat-path-away-from-big-banks-20120809-23vgj.html Australian borrowers are dumping their banks to get a better interest rate. A record 35 per cent of all housing loans written in 2011-12 saw borrowers refinance existing mortgages with a new lender, rather than buy or build new property. Bureau of Statistics figures show all […] - [More seniors opting for reverse mortgages](https://accreditedbroker.com.au/more-seniors-opting-for-reverse-mortgages/): AAP | NineMSN | July 24, 2012 http://news.ninemsn.com.au/national/8504261/more-seniors-opting-for-reverse-mortgages The deterioration of superannuation accounts as a result of the global financial crisis has prompted a growing number of seniors to use the equity in their home to help fund their retirement. Mortgage provider Loan Market says there are now more than 40,000 senior Australians who hold […] - [RHG to hand back $3m in fees](https://accreditedbroker.com.au/rhg-to-hand-back-3m-in-fees/): Anthony Klan | The Australian | July 20, 2012 http://www.theaustralian.com.au/business/property/rhg-to-hand-back-3m-in-fees/story-fn9656lz-1226430382224 The Australian Securities & Investments Commission has forced lender RHG Mortgage Corporation, formerly RAMS, to refund more than $3.3 million it overcharged borrowers in discharge and early termination fees. The regulator said some of RHG’s fees were “unconscionable or unjust” and it ordered repayments of […] - [Mortgage stress strikes a third of all home loans](https://accreditedbroker.com.au/mortgage-stress-strikes-a-third-of-all-home-loans/): Patrick Commins and Chris Vedelago | The Age | July 15, 2012 http://www.theage.com.au/victoria/mortgage-stress-strikes-a-third-of-all-home-loans-20120714-2236l.html Three in every 10 households with a home loan are suffering mortgage stress. Figures provided by the Bureau of Statistics to The Sunday Age suggested a grimmer picture of Australians’ finances than had been painted by data released in recent weeks as […] - [Mortgage rate cuts not moving borrowers](https://accreditedbroker.com.au/mortgage-rate-cuts-not-moving-borrowers/): Anthony Keane | Herald Sun | June 27, 2012 http://www.news.com.au/money/interest-rates/mortgage-rate-cuts-not-moving-borrowers/story-e6frfmn0-1226409761997 Interest rate cuts are having a much weaker effect on home-loan borrowing than they used to, bank executives warn. The Reserve Bank’s cuts of 75 basis points in the past two months have prompted only a small rise in lending because consumer confidence is down, […] - [Fees fall for households, businesses bear the brunt](https://accreditedbroker.com.au/fees-fall-for-households-businesses-bear-the-brunt/): Clancy Yeates | SMH | June 22, 2012 http://www.smh.com.au/money/borrowing/fees-fall-for-households-businesses-bear-the-brunt-20120622-20rws.html Households have spent less on bank fees for the second year in a row, after Canberra’s ban on exit fees helped slice $157 million from banks’ income from home loan fees. Business customers, on the other hand, have seen their bank fees continue to rise, sparking […] - [Mortgage Brokers expelled from MFAA double in 2011-2012](https://accreditedbroker.com.au/mortgage-brokers-expelled-from-mfaa-double-in-2011-2012/): Tim Allerton | MFAA | June 20, 2012 http://www.mfaa.com.au/default.asp?artid=2778 The numbers of mortgage brokers expelled from the Mortgage & Finance Association of Australia (MFAA) has doubled from four to eight during the 2011/2012 financial year. The majority of the record number of expelled members was found by the MFAA’s Disciplinary Tribunal to have engaged in […] - [Home lender to dip into savings](https://accreditedbroker.com.au/home-lender-to-dip-into-savings/): Karina Barrymore | Herald Sun | 25 May, 2012 http://www.news.com.au/money/banking/home-lender-to-dip-into-savings/story-e6frfmcr-1226366600908 Mortgage lender RAMS now has a foot in both sides of the money business after launching an online savings account. The home loan specialist, owned by Westpac, yesterday said it would offer online savings accounts to new customers in a move that would help provide […] - [Warning for bank on mortgage credit rules](https://accreditedbroker.com.au/warning-for-bank-on-mortgage-credit-rules/): Scott Murdoch | The Australian | 23 May, 2012 http://www.theaustralian.com.au/business/financial-services/warning-for-bank-on-mortgage-credit-rules/story-fn91wd6x-1226363910096 The big Australian banks have been warned not to relax their mortgage credit standards to offset the flat lending growth that has emerged across the industry. A new report by Credit Suisse found the banks could be starting to increase their loan-to-valuation ratios to win […] - [Housing a worry but economy booming](https://accreditedbroker.com.au/housing-a-worry-but-economy-booming/): Peter Martin | Domain | 23 May, 2012 http://news.domain.com.au/domain/real-estate-news/housing-a-worry-but-economy-booming-20120523-1z422.html Real estate prices are under threat from the high Australian dollar, along with confidence and jobs, but the Organisation for Economic Co-operation and Development says Australia is set to grow at just about the fastest pace in the developed world for decades to come. The OECD […] - [Interest rates to fall as inflation pulls up weak](https://accreditedbroker.com.au/interest-rates-to-fall-as-inflation-pulls-up-weak/): Paul Syvret | The Courier-Mail | April 25, 2012 http://www.news.com.au/business/interest-rates-to-fall-as-inflation-pulls-up-weak/story-e6frfm1i-1226337525688 Expect a cut in official interest rates next week of at least 0.25 per cent. That result from Tuesday’s Reserve Bank meeting would now appear almost guaranteed following inflation figures yesterday far weaker than even the most dovish of economists’ expectations. According to the Bureau […] - [Alarm as taxman takes interest](https://accreditedbroker.com.au/alarm-as-taxman-takes-interest/): Simon Johanson | The Age | April 25, 2012 http://www.theage.com.au/business/property/alarm-as-taxman-takes-interest-20120424-1xjbv.html A new tax ruling sounds a warning to some of Australia’s 1.5 million property investors and may cost them thousands of dollars in tax breaks, experts say. The Australian Taxation Office has flagged it will crack down on property investors claiming deductions for interest expenses […] - [Banks forced to change message](https://accreditedbroker.com.au/banks-forced-to-change-message/): Natasha Bita | The Australian | April 25, 2012 http://www.theaustralian.com.au/business/banks-forced-to-change-message/story-e6frg8zx-1226337501682 The corporate regulator has stopped two of Australia’s biggest banks bombarding customers with credit card offers, in the lead-up to a credit crackdown from July 1. The intervention means 100,000 customers who have already given the Westpac and Commonwealth banks their blessing to be tempted […] - [ANZ's interest rate decision was based on facts](https://accreditedbroker.com.au/anzs-interest-rate-decision-was-based-on-facts/): Phil Chronican | Chief Executive ANZ | April 23, 2012 http://www.smh.com.au/business/anzs-interest-rate-decision-was-based-on-facts-20120422-1xewa.html ANZ’s decision to set variable interest rates for mortgage and small business lending on a monthly basis has sparked much debate in recent months. At a time when many people are feeling worried about the global economy and their future, these views are understandable […] - [Super place for a home](https://accreditedbroker.com.au/super-place-for-a-home/): Carolyn Cummins | SHM | March 24, 2012 http://www.smh.com.au/business/super-place-for-a-home-20120323-1vp73.html Strata developers are now focusing on the residential market, with the aim of preparing properties that will be attractive to the self-managed superannuation fund (SMSF) sector. While SMSF investors are pouring cash into the commercial strata market thanks to changes in the tax regulations, they are […] - [Bank deposit rate cuts to hurt savers](https://accreditedbroker.com.au/bank-deposit-rate-cuts-to-hurt-savers/): Scott Murdoch | The Australian | March 23, 2012 http://www.theaustralian.com.au/business/financial-services/bank-deposit-rate-cuts-to-hurt-savers/story-fn91wd6x-1226307680765 The big four banks have slashed their key deposit rates while raising home loan rates to safeguard their profit margins, which are under threat from the subdued domestic economy and high wholesale funding costs. An exclusive analysis carried out for The Australian by Ratecity.com.au, the […] - [First-home buyers eager to refinance mortgages amid concern over rates, debts](https://accreditedbroker.com.au/first-home-buyers-eager-to-refinance-mortgages-amid-concern-over-rates-debts/): Sophie Elsworth | News Limited | February 20, 2012 http://www.news.com.au/money/property/novices-itch-to-switch-mortgages/story-e6frfmd0-1226275519408 First-home owners are on the hunt to refinance their mortgage within two years of entering the market, a new report says. Research by LJ Hooker Finance has found 46 per cent of first-home owners are looking for better deals despite only being in the property […] - [Severe building slump is about to hit, economists warn](https://accreditedbroker.com.au/severe-building-slump-is-about-to-hit-economists-warn/): Simon Johanson | AAP | February 3, 2012 http://www.smh.com.au/business/severe-building-slump-is-about-to-hit-economists-warn-20120202-1qvp3.html Another fall in building approvals points to a housing industry slump worse than Australia experienced during the global financial crisis, economists say. Building approvals in December fell 1 per cent to 11,443 units from the previous month, and were down 24.5 per cent over the year, […] - [Return of traditional mortgages](https://accreditedbroker.com.au/return-of-traditional-mortgages/): Lesley Parker | SMH | February 1, 2012 http://www.smh.com.au/money/borrowing/return-of-traditional-mortgages-20120131-1qq4d.html Line-of-credit home loans have proved costly for many borrowers. Volatile investment markets and question marks over property values are making line-of-credit loans less popular and potentially harder to unwind for those who have one. Loan and financial advisers say line-of-credit loans can be a powerful tool […] - [Australia, along with US and S Korea, leads the way in reducing debt](https://accreditedbroker.com.au/australia-along-with-us-and-s-korea-leads-the-way-in-reducing-debt/): Scott Murdoch | The Australian | January 20, 2012 http://www.theaustralian.com.au/business/economics/australia-along-with-us-and-s-korea-leads-the-way-in-reducing-debt-mckinsey/story-e6frg926-1226248792913 Australia is one of only three developed nations to reduce its debt-to-GDP ratio as the global economy struggles under a growing amount of leverage and the ongoing European crisis. A new report from the McKinsey Global Institute has found that government debt continues to rise […] - [Goldilocks economy has a few tricks in case bears turn nasty](https://accreditedbroker.com.au/goldilocks-economy-has-a-few-tricks-in-case-bears-turn-nasty/): Jessica Irvine | Sydney Morning Herald | January 18, 2012 http://www.smh.com.au/opinion/politics/goldilocks-economy-has-a-few-tricks-in-case-bears-turn-nasty-20120117-1q4iz.htmlRotting Christmas trees still line our streets, emitting a pungent reminder of festive days past, but a fresh season of economic doomsday-ism is already upon us. By now you’re probably familiar with the Armageddon scenario: the collapse of the euro zone; a messy default by […] - [Bank on big loan discounts](https://accreditedbroker.com.au/bank-on-big-loan-discounts/): Anthony Keane | News Limited | Janaury 15, 2012 http://www.news.com.au/money/property/bank-on-big-loan-discounts/story-e6frfmd0-1226245028429 Discount interest rates on home loan packages are getting better for borrowers as major lenders battle for new mortgage business. The best package discounts, which are generally available to people with mortgages of more than $250,000, have jumped to 1 per cent or more below […] - [$10k building lure lengthened](https://accreditedbroker.com.au/10k-building-lure-lengthened/): Daniel Hurst | Brisbane Times | January 13, 2012 http://www.smh.com.au/business/property/10k-building-lure-lengthened-20120112-1pxex.html Queenslanders building or buying new homes will have access to the state government’s $10,000 building boost for an extra three months, amid slower-than-expected uptake. The grant offer, which began nearly six months ago, was due to expire at the end of this month. But Deputy […] - [New home sales buoyed by rate cut](https://accreditedbroker.com.au/new-home-sales-buoyed-by-rate-cut/): Chris Zappone | Sydney Morning Herald | January 9, 2012 http://www.smh.com.au/business/property/new-home-sales-buoyed-by-rate-cut-20120109-1pqv2.html New home sales jumped in November in response to the Reserve Bank’s interest rate cut. The sales of new homes rose 6.8 per cent in November, following a downwardly revised increase of 2.8 per cent in October, according to the Housing Industry Association – […] - [Banks ignore consumer pain](https://accreditedbroker.com.au/banks-ignore-consumer-pain/): David Leermakers | Australian Financial Review | November 14, 2011 http://www.afr.com/p/opinion/banks_ignore_consumer_pain_3kJOYXgPccDCVtZlKsELfL It seems like almost every day someone from the banking industry is bellyaching about the pace of banking and credit reform, why all this regulation is pointless and why we should feel sorry for them. So I wasn’t surprised to read that the Australian […] - [Vendors go private as auctions get a hammering](https://accreditedbroker.com.au/vendors-go-private-as-auctions-get-a-hammering/): Chris Vedelago | Domain | November 13, 2011 http://news.domain.com.au/domain/real-estate-news/vendors-go-private-as-auctions-get-a-hammering-20111112-1nd3j.html Spooked by low clearance rates and the higher costs of staging an auction, hundreds – potentially even thousands – of home owners are now choosing to sell by private treaty or take their properties off the market rather than risk putting them under the hammer. Figures […] - [Buyers in the driver's seat as owners offer discounts](https://accreditedbroker.com.au/buyers-in-the-drivers-seat-as-owners-offer-discounts/): Sunday Herald Sun | November 13, 2011 http://www.news.com.au/money/buyers-in-the-drivers-seat-as-owners-offer-discounts/story-e6frfmci-1226193644092 With Melbourne’s property market in a deep freeze, vendors are dropping their asking price by as much as 25 per cent to wrap up a sale. As the level of property sales hits it lowest level in more than a decade, home owners have responded, with some […] - [Mortgages on up, but less being borrowed](https://accreditedbroker.com.au/mortgages-on-up-but-less-being-borrowed/): Stephen McMahon | Herald Sun | November 10, 2011 http://www.heraldsun.com.au/business/mortgages-on-up-but-less-being-borrowed/story-fn7j19iv-1226190686516\ Demand for mortgages was climbing ahead of the Reserve Bank’s move last week to lower interest rates, according to official figures. The number of home loans approved in September rose 2.2 per cent to almost 51,821 — but there are signs buyers are borrowing less […] - [Social Media is dead. Long live Social Media](https://accreditedbroker.com.au/social-media-is-dead-long-live-social-media/): It’s not about big dreams and even bigger budgets. It’s about small actions and regular contact. As you know, in just the last couple of years, marketing has changed. The old ways – direct- and push-marketing – don’t work anymore. In fact, they work so poorly now that revenue is way down in many businesses […] - [Developers optimistic](https://accreditedbroker.com.au/developers-optimistic/): Ben Hurley | Australian Financial Review | October 6, 2011 http://afr.com/p/business/property/developers_optimistic_fXmjSFJ7mvHvVCGR6t6ywN Residential developers have reported an improvement in consumer sentiment and sales volumes with the arrival of warmer weather and a more stable interest rate outlook. However, consumers are reluctant to take on new debts and banks predict this hesitation will keep house prices flat […] - [European financial crisis to blame for lending clamp-down](https://accreditedbroker.com.au/european-financial-crisis-to-blame-for-lending-clamp-down/): Jeff Whalley | Herald Sun | October 6, 2011 http://www.news.com.au/money/property/european-financial-crisis-to-blame-for-lending-clamp-down/story-e6frfmd0-1226160162581 The discounting war engulfing the mortgage market is likely to end as Europe’s debt crisis raises the banks’ funding costs, industry experts say. Lenders may soon have to abandon the price-cutting programs that have characterised the home-loan market this year if funding costs continue to […] - [Mortgage discounting peaks](https://accreditedbroker.com.au/mortgage-discounting-peaks/): Jane Searle | Australian Financial Review | October 6, 2011 http://afr.com/p/business/financial_services/mortgage_discounting_peaks_Z8Gv1XJj8sK5XZsnW9o7wI The depth and frequency of discounts below the standard variable mortgage rate have hit a peak as lenders jostling for market share weigh up further price cuts against maintaining profitability. That’s the finding from analysis by JPMorgan and Fujitsu, as housing credit growth treads […] - [Mortgage holders may all be winners on Cup Day](https://accreditedbroker.com.au/mortgage-holders-may-all-be-winners-on-cup-day/): Jeff Whalley | Herald Sun | October 5, 2011 http://www.heraldsun.com.au/news/more-news/mortgage-holders-may-all-be-winners-on-cup-day/story-fn7x8me2-1226158466773 Australia’s mortgage belt could be cashing in on an interest rate cut as early as Melbourne Cup Day. Reserve Bank chief Glenn Stevens yesterday kept rates on hold for the 11th consecutive month – the longest freeze in five years – but hinted rates could […] - [Home loan competition hits pre-GFC levels](https://accreditedbroker.com.au/home-loan-competition-hits-pre-gfc-levels/): Eric Johnston | Domain | October 5, 2011 http://smh.domain.com.au/real-estate-news/home-loan-competition-hits-pregfc-levels-20111005-1l881.html Competition between banks and other lenders for home loan customers has returned to levels last seen before the global financial crisis. In another of the deals currently available in the sector, market heavyweight Westpac this morning ramped-up its home lending offering with a $1000 cash bonus […] - [Talk Is Cheap! The Real Deal On Diversification](https://accreditedbroker.com.au/talk-is-cheap-the-real-deal-on-diversification/): Diversification – it’s the buzz word of the broker industry. But is it really a solution? In an industry consisting of sole traders and small businesses, how many brokers really have the skills, support and willingness that will be required to diversify their business? Many brokers are understandably disillusioned. They are in an industry where […] - [ASICCredit reform Update Sept 2011](https://accreditedbroker.com.au/asiccredit-reform-update-sept-2011/): Responsible lending disclosure obligations: Overview for credit licensees and representatives This information sheet sets out your credit disclosure obligations under Ch 3 of the National Consumer Credit Protection Act 2009 (National Credit Act) and related regulations. It covers: what your obligations are the different types of disclosure documents that you may have to give to consumers the […] - [Not much help in the grant scheme of things](https://accreditedbroker.com.au/not-much-help-in-the-grant-scheme-of-things/): Susan Wellings | Domain | August 27, 2011 http://news.domain.com.au/domain/real-estate-news/the-downside-of-government-handouts-for-property-20110826-1jcwn.html Government assistance and incentives may have a downside in the long term. Free handouts of government money to buy homes? How could anyone refuse? But while money has always made the world go around, it certainly can’t buy long-term happiness, say a growing chorus of property […] - [ASIC Mortgage Health Month](https://accreditedbroker.com.au/asic-mortgage-health-month/): ASIC | September 1, 2011 ASIC has launched new resources and tools on its consumer finance website www.moneysmart.gov.au to help people avoid mortgage stress. Delia Rickard ASIC Senior Executive Leader Financial Literacy, Consumers, Advisers, Retail Investors said: ‘From time to time some people find themselves struggling to pay their mortgage as well as juggling debts. […] - [Screws turned on loan sharks](https://accreditedbroker.com.au/screws-turned-on-loan-sharks/): Jessica Wright | SMH | August 28, 2011 http://www.smh.com.au/national/screws-turned-on-loan-sharks-20110827-1jfb7.html Loan sharks who exploit vulnerable customers with short-term cash advances at exorbitant interest rates will be blocked by new laws. The federal government wants to break the business model of the rapidly growing pay-day loan industry, which has largely avoided the regulation levelled at the Australian […] - [MFAA Education Standards and Commercial Brokers](https://accreditedbroker.com.au/mfaa-education-standards-and-commercial-brokers/): Walker & Miller | August 31, 2011 The Mortgage and Finance Association of Australia (MFAA) has made several announcements over the past year regarding changes to minimum education standards. The decision has been made to increase the educational requirements in an effort to raise the level of professionalism within the mortgage and finance industry. While […] - [Little cheer for central banks](https://accreditedbroker.com.au/little-cheer-for-central-banks/): Jon Hilsenrath | Th Wall Street Journal | August 29, 2011 http://online.wsj.com/article/SB10001424053111904199404576536192343083636.html?mod=googlenews_wsj After four years of fighting crises and pumping money into the financial system, the world’s central bankers are concluding that the global economy is still in a precarious position and the policy apparatus is ill-equipped to help. The mood here in the Grand […] - [Are you wasting your marketing dollar?](https://accreditedbroker.com.au/are-you-wasting-your-marketing-dollar/): Venn Williams | Halogen Connect | August 15, 2011 When it comes to marketing for small financial advisers and broker’s technology has given us the ability to compete with the big boys. Unfortunately the financial professional these days does not know how to effectively take advantage of his niche. Now the new Buzz for small […] - [World Bank chief praises Australia](https://accreditedbroker.com.au/world-bank-chief-praises-australia/): Gareth Hutchens | Sydney Morning Herald | August 15, 2011 Australia is well-placed to withstand another global financial crisis compared with other developed economies, the World Bank president, Robert Zoellick, says. Australia could afford another stimulus package if the global downturn hit the local economy, Mr Zoellick said. ”In general, I think most economies are […] - [Advisers prep for 'back-to-basics' investing](https://accreditedbroker.com.au/advisers-prep-for-back-to-basics-investing/): Elise Burgess | Financial Standard Online | August 15, 2011 A return to safe investments and investor aversion to risk is predicted following recent market fluctuations, but advisers are firm that strong planning principles remain the same. Perpetual Private Wealth has predicted a return to ‘back-to-basics’ investing with a focus on timeless strategies that protect […] - [Time for a Career Change?](https://accreditedbroker.com.au/time-for-a-career-change/): Tony Robbins might have one of the world’s most famous smiles; his beaming confidence has helped sell his best-selling line of self-help books, and fill even his 10,000-seat seminars. What’s less known about the iconic motivational speaker is the range and stature of his personal clients. From CEOs to heads of state to Olympic athletes, […] - [Social Media: The Power of Why?](https://accreditedbroker.com.au/208/): There is plenty of buzz in the market about social media and its potential for business. We are told to “connect with our clients” or to “engage with them”, but how and to what purpose? From the small business owners I have spoken to a large majority are more confused and some a fair way […] - [Obtaining Work/Life Balance](https://accreditedbroker.com.au/obtaining-work-life-balance/): Work-life balance is too important to be left in the hands of your employer. Marsh lays out an ideal day balanced between family time, personal time and productivity — and offers some stirring encouragement to make it happen. Nigel Marsh is the author of “Fat, Forty and Fired” and “Overworked and Underlaid.” He’s the Regional […] - [Will Australian House Prices Go Up or Down?](https://accreditedbroker.com.au/will-australian-house-prices-go-up-or-down-2/): Source: http://www.onthehouse.com.au/ Location: http://onthehouse.yahoo.com.au/index.htm?Action=news_article&ArticleId=043 Date: Tuesday 9th June 2009 5 Things to Know There’s passionate dinner party debate about whether Australian house prices will continue to fall or rise. The confusion has befuddled some of the country’s best economists, with organisations like the Australian Bureau of Statistics saying house prices have fallen 2 per cent […] - [Government changes Superannuation laws to boost property market?](https://accreditedbroker.com.au/government-changes-superannuation-laws-to-boost-property-market/): What will happen to the property market after the First Home Boost? We are the very first generation of Australians who know that we must fund our own retirements. Already, before the 2009 May Federal Budget, most of us thought that Superannuation was not going to be enough to provide us with a decent lifestyle […] - [Will Australian House Prices Go Up or Down?](https://accreditedbroker.com.au/will-australian-house-prices-go-up-or-down/): Source: http://www.onthehouse.com.au/ Location: http://onthehouse.yahoo.com.au/index.htm?Action=news_article&ArticleId=043 Date: Tuesday 9th June 2009 5 Things to Know There’s passionate dinner party debate about whether Australian house prices will continue to fall or rise. The confusion has befuddled some of the country’s best economists, with organisations like the Australian Bureau of Statistics saying house prices have fallen 2 per cent […] - [Media to Promote Australian Property](https://accreditedbroker.com.au/media-to-promote-australian-property/): Accredited Broker | 19 July, 2011 Several economists have the belief that televised Property shows played a large role in the 2001 to 2003 Australian property boom. Every channel had some sort of “be a Property Owner Show”. As the property market declined the number of these shows on television also dropped. However we have […] - [Westpac trying to reduce sales through brokers](https://accreditedbroker.com.au/westpac-trying-to-reduce-sales-through-brokers/): John Kehoe | AFR | 19 July, 2011 http://afr.com/p/business/financial_services/big_four_and_online_mortgages_threaten_Dhl4mp70EtLv659DfbpfvMING Direct, Australia’s fifth-largest home lender, has delivered a stern wake-up call to mortgage brokers, telling them to lift their game or risk becoming irrelevant. Lisa Claes, an executive director at ING Direct, which relies on brokers to sell more than 90 per cent of its home […] - [What to do if your client is in financial hardship](https://accreditedbroker.com.au/what-to-do-if-your-client-is-in-financial-hardship/): It was topical a few months ago that borrowers in financial hardship could ask for assistance from their home lender. A lot was in the papers but there was no substance how or what specific assistance was available. Financial problems are said to be the number one cause of divorce, a major reason for suicide […] - [Proposed carbon tax weighs on property sector](https://accreditedbroker.com.au/proposed-carbon-tax-weighs-on-property-sector/): Benjamin Preiss | SMH | 18 July, 2011 http://www.smh.com.au/business/proposed-carbon-tax-weighs-on-property-sector-20110717-1hk0e.html Uncertainty about a carbon tax, and messy state and federal government relations, are among the greatest problems facing the real estate sector, an industry forum has heard. A lunchtime discussion with a panel of experts, hosted by the Property Council of Australia last week, canvassed wide-ranging […] - [Home loan rise signals recovery](https://accreditedbroker.com.au/home-loan-rise-signals-recovery/): Home loan rise signals recovery AAP | SMH | 11 July, 2011 http://www.smh.com.au/business/home-loan-rise-signals-recovery-20110711-1h9rz.html A 4.4 per cent rise in home loans in May suggests the housing market is starting to pick up after the slowdown earlier in the year following November’s rate rise. The number of home loans approved in May rose 4.4 per cent, […] - [Calling Women to the Industry](https://accreditedbroker.com.au/calling-women-to-the-industry/): Facebook COO Sheryl Sandberg looks at why a smaller percentage of women than men reach the top of their professions — and offers 3 powerful pieces of advice to women aiming for the top of their industry. Sheryl Sandberg left Google to join Facebook as its Chief Operating Officer in 2008, today she manages Facebook’s […] - [Economic heat means interest rate rise is looming for home owners](https://accreditedbroker.com.au/economic-heat-means-interest-rate-rise-is-looming-for-home-owners/): http://www.news.com.au/money/interest-rates/consumer-price-index-rose-16pc-in-march-quarter/story-e6frfmn0-1226045561164 Australian Associated Press | April 27, 2011 Prices in Australia’s economy have been growing faster than expected, figures showed today, meaning the Reserve Bank is likely to be forced to lift interest rates sooner than expected. Annual inflation was running at 3.3 per cent the latest data showed – more than the 3 per […] - [Australian banks lax on consumer credit, says report](https://accreditedbroker.com.au/australian-banks-lax-on-consumer-credit-says-report/): http://www.theaustralian.com.au/business/banks-lax-on-consumer-credit-says-report/story-e6frg8zx-1226041194814 Scott Murdoch | The Australian | April 19, 2011 The major banks have been accused of lending too much to Australian consumers and underestimating the cost of living, which could lead to tighter lending standards to avoid an increase in bad loans. A Bank of America-Merrill Lynch report says the banks are too keen […] - [Bank clients switch to mortgage brokers](https://accreditedbroker.com.au/bank-clients-switch-to-mortgage-brokers/): http://www.theaustralian.com.au/business/industry-sectors/bank-clients-switch-to-mortgage-brokers/story-e6frg96f-1226038741289 Scott Murdoch | The Australian | April 14, 2011 A growing number of Australian bank customers are using a mortgage broker to secure a new home loan, as the major banks remain dominant in the market. A new study by the Market Intelligence Strategy Centre found that broker-written mortgages rose by 7 per cent […] - [Affordability sees renters hit in capital cities](https://accreditedbroker.com.au/affordability-sees-renters-hit-in-capital-cities/): http://www.news.com.au/money/property/affordability-sees-renters-hit/story-e6frfmd0-1226035082007 Australian Associated Press | April 07, 2011 Renters continue to be squeezed as the deteriorating outlook for home affordability pushes up demand for rental properties. House rents increased in every capital city except for Sydney, Melbourne and Darwin, a report by property data collection agency RP Data found. Rents increased by 1.4 per cent […] - [NAB's curious battle with its cannibal](https://accreditedbroker.com.au/nabs-curious-battle-with-its-cannibal/): NAB’s curious battle with its cannibal Charis Palmer | Business Spectator | February 22, 2011 http://www.businessspectator.com.au/bs.nsf/Article/NAB-Ubank-mortgage-lending-banks-pd20110221-EAA94?OpenDocument&src=sph While National Australia Bank was busy grabbing headlines last week with its ‘break up’ campaign, its online offshoot UBank was putting the finishing touches on its first home loan, the fourth in a line of products designed to take […] - [Politicians’ power games undermining small business](https://accreditedbroker.com.au/politicians-power-games-undermining-small-business/): http://www.smh.com.au/small-business/managing/blogs/the-venture/politicians-power-games-undermining-small-business-20120220-1timt.html Tony Featherstone | SMH | February 21, 2011 Barely a day goes by without intense speculation about Labor leadership and the fate of Prime Minister Julia Gillard. This soap opera makes it feel like the last federal election never ended, even though we know elections are bad for business. Big business has had more […] - [Non-bank lenders grab bigger slice of market](https://accreditedbroker.com.au/non-bank-lenders-grab-bigger-slice-of-market/): Non-bank lenders grab bigger slice of market Jessica Wright | Sydney Morning Herald | February 20, 2011 http://www.smh.com.au/business/nonbank-lenders-grab-bigger-slice-of-market-20110219-1b0a4.html Credit unions and building societies have claimed their largest slice of the banking market in more than a decade as the industry digs in as the “fifth pillar” of the nation’s finance sector. As the war between […] - [Mortgage insurer's problems in US could spill over to Australia](https://accreditedbroker.com.au/mortgage-insurers-problems-in-us-could-spill-over-to-australia/): Stuart Washington | Sydney Morning Herald | February 16, 2011 http://www.smh.com.au/business/mortgage-insurers-problems-in-us-could-spill-over-to-australia-20110215-1av6i.html The credit ratings agency Moody’s is considering a downgrade of Australia’s largest mortgage insurer, a move that could knock down the ratings on $2.7 billion of investments. Moody’s is considering a downgrade of the Australian arm of Genworth from A1 following a fourth quarter […] - [Bad news renters, more rises on the way](https://accreditedbroker.com.au/bad-news-renters-more-rises-on-the-way/): Bad news renters, more rises on the way Cameron Kusher | Herald Sun | February 12, 2011 http://www.news.com.au/money/property/bad-news-renters-more-rises-on-the-way/story-e6frfmd0-1226004712670 Rents are set to rise a solid 7 per cent this year, boosting returns for property investors. During the last three months of 2010, rents in Australian capital cities increased by 1.4 per cent; they rose 4.2 […] - ['The Block' sales in a bubble of their own.](https://accreditedbroker.com.au/the-block-sales-in-a-bubble-of-their-own/): The Block sales in a bubble of their own Jonathan Chancellor | Domain | November 22, 2010 http://news.domain.com.au/domain/real-estate-news/the-block-sales-in-a-bubble-of-their-own-20101122-182w8.html Irrational exuberance characterised the bidding at the past two auction finales of the Channel Nine real estate renovation series, The Block. It resulted in all seven of the subsequent sales – three from the Bondi series in […] - [Real Estate Agent Referrals](https://accreditedbroker.com.au/real-estate-agent-referrals/): Real Estate Agent Referrals Many Real Estate agents are currently unsure if they too are required to obtain an Australian Credit licence. Some provide mortgage information on their websites, while others use credit information to gather customer information for a representative to contact. Wether or not they need a licence, well it “all depends” and […] - [RBA intervened to avert housing slump](https://accreditedbroker.com.au/rba-intervened-to-avert-housing-slump/): RBA intervened to avert housing slump Sean Parnell | The Australian | November 22, 2010 http://www.theaustralian.com.au/business/property/rba-intervened-to-avert-housing-slump/story-e6frg9gx-1225958005881 The Reserve Bank deliberately intervened in the political debate over the property boom to stop governments releasing more land. The bank feared the release of land would cause traffic gridlock, environmental problems and potentially a US-style housing slump. The […] - [Exit fee win rules 'could hurt borrowers'](https://accreditedbroker.com.au/exit-fee-win-rules-could-hurt-borrowers/): Exit fee win rules ‘could hurt borrowers’ Stephen Johnson | AAP | November 11, 2010 http://www.news.com.au/money/banking/exit-fee-rules-could-hurt-borrowers/story-e6frfmcr-1225951306248 Home loan borrowers could have potentially less choice in the mortgage market and face higher interest rates following the release of new rules to crack down on costly exit fees. The warning came as the ANZ yesterday abolished its […] - [Be careful what you wish for on exit fees](https://accreditedbroker.com.au/be-careful-what-you-wish-for-on-exit-fees/): Be careful what you wish for on exit fees Terry McCrann | Herald Sun | November 09, 2010 http://www.heraldsun.com.au/business/terry-mccranns-column/terry-mccrann-bank-shopping-beware/story-e6frfig6-1225949642396 It looks so obvious. And easy. Abolish, reduce or limit so-called ‘exit fees’. What you pay to terminate your mortgage early. But usually payable, only very early, like in the first four years of a mortgage. […] - [Competition heats up for mortgage business](https://accreditedbroker.com.au/competition-heats-up-for-mortgage-business/): Competition heats up for mortgage business Scott Murdoch | The Australian | October 21, 2010 http://www.theaustralian.com.au/business/competition-heats-up-for-mortgage-business/story-e6frg8zx-1225941418879 The mortgage market could be distorted if rising interest rates revive non-bank lenders, Commonwealth Bank chief executive Ralph Norris warns. The non-bank lenders largely withdrew after struggling during the global financial crisis. Mr Norris said competition among major Australian […] - [Banks befriend Social Media](https://accreditedbroker.com.au/banks-befriend-social-media/): Banks befriend social media Gayle Bryant | The Sydney Morning Herald |October 20, 2010 http://www.smh.com.au/money/on-the-money/banks-befriend-social-media-20101013-16ika.html The growing popularity of social media sites such as Twitter and Facebook is encouraging financial services organisations to start interacting with their customers using these channels. In the past couple of weeks, ING Direct launched a soft social media campaign […] - [ANZ CEO Mike Smith calls for bold federal economic reforms](https://accreditedbroker.com.au/anz-ceo-mike-smith-calls-for-bold-federal-economic-reforms/): ANZ CEO Mike Smith calls for bold federal economic reforms Lyndal McFarland | Dow Jones Newswires | October 19, 2010 http://www.theaustralian.com.au/business/industry-sectors/anz-ceo-mike-smith-sees-australian-dollar-staying-strong/story-e6frg96f-1225940747732 The Gillard government must consider bold economic reform and avoid over-regulation to ensure growth rates are maintained, ANZ’s CEO says. “Despite Asia’s economic growth engine, we need to remember that for the last two […] - [NAB managers keen for rates hike after Reserve Bank holds fire](https://accreditedbroker.com.au/nab-managers-keen-for-rates-hike-after-reserve-bank-holds-fire/): Peter Taylor | Herald Sun | October 07, 2010 http://www.news.com.au/money/interest-rates/nab-managers-keen-for-rates-hike-after-reserve-bank-holds-fire/story-e6frfmn0-1225935260698 Senior managers at National Australia Bank agitated for mortgage rates to be jacked up after the Reserve Bank kept the official cash rate on hold this week. But board members baulked at the call, fearing the public backlash would cripple NAB’s strategy and year-long campaign […] - [Our non-existent housing bubble](https://accreditedbroker.com.au/our-non-existent-housing-bubble/): John Wilson | Business Spectator | October 07, 2010 http://www.businessspectator.com.au/bs.nsf/Article/housing-bubble-property-mortgage-banks-investment-pd20101006-9Y5BX?opendocument&src=rss Much has been made of the recent strong growth in house prices in Australia. A number of commentators describe the market as being a price bubble and predict price falls of 40-60 per cent to return them to fair value. Australia, either in whole or […] - [Green shoots begin to emerge as property sector picks up](https://accreditedbroker.com.au/green-shoots-begin-to-emerge-as-property-sector-picks-up/): Adele Ferguson | Sydney Mornig Herald | October 4, 2010 http://www.smh.com.au/business/green-shoots-begin-to-emerge-as-property-sector-picks-up-20101003-162sx.html Australians investing in the $294 billion listed and unlisted property sector have been to hell and back in the past couple of years as property values plummeted, debt levels ballooned, returns crashed and in the case of listed property trusts share prices fell up […] - [Australia would buck another global downturn](https://accreditedbroker.com.au/australia-would-buck-another-global-downturn/): Anthony Ishac | Sydney Morning Herald | September 20, 2010 http://smh.domain.com.au/real-estate-news/australia-would-buck-another-global-downturn-20100920-15ii0.html Australia’s economy is the envy of the developed world. Not only did we escape the global downturn with hardly a scratch, but we’re in a very strong position to withstand any more external economic shocks. We have interest rates back up to average levels […] - [Australia would buck another global downturn](https://accreditedbroker.com.au/australia-would-buck-another-global-downturn-2/): Anthony Ishac | Sydney Morning Herald | September 20, 2010 http://smh.domain.com.au/real-estate-news/australia-would-buck-another-global-downturn-20100920-15ii0.html Australia’s economy is the envy of the developed world. Not only did we escape the global downturn with hardly a scratch, but we’re in a very strong position to withstand any more external economic shocks. We have interest rates back up to average levels […] - [The Australian housing riddle](https://accreditedbroker.com.au/the-australian-housing-riddle/): Karen Maley | Business Spectator |18/09/10 http://www.businessspectator.com.au/bs.nsf/Article/housing-bubble-goldman-sachs-property-crash-granth-pd20100917-9D5KQ?OpenDocument&src=srch The Australian housing market has most people scratching their heads. On the one hand there are those such as veteran US funds manager, Jeremy Grantham, who are convinced that our market is an unmistakable housing bubble. On the other hand, many analysts claim that high house prices are […] - [Inflation heads to 3%, survey shows](https://accreditedbroker.com.au/inflation-heads-to-3-survey-shows/): Kim Christian | Sydney Morning Herald | September 6, 2010 http://news.smh.com.au/breaking-news-business/inflation-heads-to-3-survey-shows-20100906-14wr3.html Inflation is heading to the upper end of the Reserve Bank of Australia’s (RBA) target band of 3.0 per cent following price rises in alcohol, tobacco and fruit and vegetables, a survey shows. The TD Securities Melbourne Institute monthly inflation gauge rose 0.2 per […] - [New rules may raise mortgage rate](https://accreditedbroker.com.au/new-rules-may-raise-mortgage-rate/): Clancy Yeates September 6, 2010 http://www.smh.com.au/business/new-rules-may-raise-mortgage-rate-20100905-14w6k.html Banks may inflict higher mortgage rates on borrowers to offset the costs of new liquidity rules that are tipped to drive up the price of the safest financial assets. To protect banks from future financial shocks, the Basel Committee, a global banking regulator, is requiring banks to boost their […] - [What to do if your client is in financial hardship](https://accreditedbroker.com.au/254/): It was topical a few months ago that borrowers in financial hardship could ask for assistance from their home lender. A lot was in the papers but there was no substance how or what specific assistance was available. Financial problems are said to be the number one cause of divorce, a major reason for suicide […] - [The Millionaire Mind](https://accreditedbroker.com.au/the-millionaire-mind/): Like The Millionaire Next Door, The book The Millionaire Mind focuses on a select group of America’s wealthy. In this book however, the information seems more focused on the thoughts, motivation, and philosophies of the wealthy. Where as The Millionaire Next Door was a ‘who and how’ The Millionaire Mind is more of a ‘why […] - [Trust Agents](https://accreditedbroker.com.au/224/): In Trust Agents, two social media veterans show you how to tap into the power of social networks to build your brand’s influence, reputation, and, of course, profits. Today’s online influencers are web natives who trade in trust, reputation, and relationships, using social media to accrue the influence that builds up or brings down businesses online. The […] - [The Millionaire Next Door](https://accreditedbroker.com.au/the-millionaire-next-door/): The Millionaire Next Door takes an in depth look at a large cross section of America’s wealthy, particularly those with at least $1,000,000 in net assets. It doesn’t mention names etc, but focuses on their habits and philosophies in regard to life style and financial success. It gives a character description of the typical millionaire, and […] - [Home prices 'flat as a pancake' for the next decade](https://accreditedbroker.com.au/home-prices-flat-as-a-pancake-for-the-next-decade/): The Sydney Morning Herald – 23 October, 2014. By Stephen Nicholls http://smh.domain.com.au/real-estate-news/home-prices-flat-as-a-pancake-for-the-next-decade-20141024-11aspy.html Australia’s property prices will be “flat as a pancake” over the next decade, Domain Group senior economist Dr Andrew Wilson says. The resources boom is over, the international economy “can’t get its act together” and investors will soon start to lose interest. “Going […] - [RBA slammed for property investor U-turn](https://accreditedbroker.com.au/rba-slammed-for-property-investor-u-turn/): The Bull.com.au By AAP – 22 October, 2014 http://www.thebull.com.au/articles/a/49619-rba-slammed-for-property-investor-u-turn.html The Reserve Bank has been slammed for doing too little too late to curb risky lending to property investors. The Real Estate Institute of NSW (REINSW) says it’s disappointed that the central bank has recently issued warnings about imbalanced investor activity in the property market. Within […] - [Home loan limits and buffers won't stop a housing bubble](https://accreditedbroker.com.au/home-loan-limits-and-buffers-wont-stop-a-housing-bubble/): TheBull.com.au – 29 Sept, 2014 By Claire Matthews, Massey University http://www.thebull.com.au/premium/a/49029-home-loan-limits-and-buffers-won’t-stop-a-housing-bubble.html Australia’s central bank has formally flagged the use of macroprudential tools to address what it called “unbalanced” lending in its most recent Financial Stability Review. Loan-to-valuation ratio (LVR) limits are the latest tool doing the rounds of central banks as they seek to cool […] - [Australian house prices - a bit too hot in parts](https://accreditedbroker.com.au/australian-house-prices-a-bit-too-hot-in-parts/): AMP Capital – 24 September, 2014 Dr. Shane Oliver http://www.ampcapital.com.au/article-detail?alias=/olivers-insights/september-2014/australian-house-prices-a-bit-too-hot-in-parts&audience=2 Introduction As the mining investment boom deflates, in order for Australia to rebalance its economy, a pick-up in demand for homes and house prices in response to lower interest rates, sending a signal to home builders to build more homes was essential. Fortunately, it’s occurred. […] - [The factors that could trigger Sydney and Melbourne’s price growth slowdown: RP Data](https://accreditedbroker.com.au/the-factors-that-could-trigger-sydney-and-melbournes-price-growth-slowdown-rp-data/): Property Observer – 5 September, 201 Jennifer Duke http://www.propertyobserver.com.au/forward-planning/investment-strategy/market-trends/35349-the-factors-that-could-trigger-sydney-and-melbourne-s-price-growth-slowdown-rp-data.html? Winter’s property prices gains recorded by the RP Data CoreLogic Home Value Index were the largest rises across capital cities for the period since 2007. No small feat, with prices now on average 10.9% higher than over the past year, and recording 4.2% growth in the […] - [Are you better off renting or buying?](https://accreditedbroker.com.au/are-you-better-off-renting-or-buying/): Australian Financial Review Smart Invester – 3 September, 2014 Andrew Crossley http://www.afrsmartinvestor.com.au/p/property/are_you_better_off_renting_or_buying_oG5w81YKhKT66z6BDU79II The question of which is superior, buying or renting your home, is one that is not as common as some might think. But we think it should be. Emotion is a powerful thing and more often than not eclipses pragmatism. The Australian dream […] - [SocietyOne hands credit scores power to customers](https://accreditedbroker.com.au/societyone-hands-credit-scores-power-to-customers/): The Sydney Morning Herald – 2 September, 2014 James Eyers http://www.smh.com.au/business/banking-and-finance/societyone-hands-credit-scores-power-to-customers-20140901-10b1v2.html Banks have been warned that high-credit quality customers will be encouraged to negotiate lower interest rates on their loans with borrowers able to access their credit scores for free from Tuesday on a new website backed by peer-to-peer lender SocietyOne. The comprehensive credit reporting […] - [Financial system inquiry shines spotlight on housing](https://accreditedbroker.com.au/financial-system-inquiry-shines-spotlight-on-housing/): The Sydney Morning Herald – August 30, 2014 Georgia Wilkins http://www.smh.com.au/business/banking-and-finance/financial-system-inquiry-shines-spotlight-on-housing-20140829-109tk8.html Not only is the housing market the talk of the nation, it looms as a major issue for the high-powered financial system inquiry – with banks, consumer groups, regulators and non-bank lenders all butting heads over how much scrutiny the sector needs. While banks […] - [Australia 'at the front' of growing subprime mortgage market](https://accreditedbroker.com.au/australia-at-the-front-of-growing-subprime-mortgage-market/): ABC News – 26 August, 2014 Pat McGrath http://www.abc.net.au/news/2014-08-26/australian-subprime-mortgage-market-growing/5697880? They triggered an economic meltdown in the United States and sparked the global financial crisis, but subprime mortgages are staging a revival in Australia. Ratings agency Moody’s says Australian lenders have doled out $3 billion worth of the non-conforming home loans over the last 18 months. […] - [Rates Down. What to Tell the Client?](https://accreditedbroker.com.au/rates-down-what-to-tell-the-client/): Fixed rates are falling like dominoes.  What do you advise your clients to do? It all started a few weeks ago when CBA came out with a 5-year fixed loan of 4.99 per cent.  That week, the other majors responded by matching the rate. Then, the second tier lenders responded.  Some had to cut even […] - [Are we being misled over house prices?](https://accreditedbroker.com.au/are-we-being-misled-over-house-prices/): Australian Financial Review – 12 August, 2014 Christopher Joye http://www.afr.com/p/blogs/christopher_joye/are_we_being_misled_over_house_prices_SKNQGsIVCJwAILOuohbtbM On Tuesday the Australian Bureau of Statistics published its quarterly house price index results, which show Australian house prices have surged 10.1 per cent over the 12 months to June 30, with values across Sydney rocketing more than 15 per cent. But we already knew […] - [Sydney and Melbourne continue to drive two tier housing market](https://accreditedbroker.com.au/sydney-and-melbourne-continue-to-drive-two-tier-housing-market/): RP Data-Rismark July Hedonic Home Value Index Results RP Data | Friday, August 1, 2014 – Mitch Koper http://image.e.rpdata.com/lib/fe591570776d03757d17/m/7/2014-08-01–rpdata-rismark-home-value-index.pdf The RP Data Rismark July home value indices results out today confirmed that Sydney and Melbourne continued their strong capital gains trend, with dwelling values rising 2.0% and 1.8% over three months ending July 2014, taking […] - [Cheap Money Fires Home Loan Competition](https://accreditedbroker.com.au/cheap-money-fires-home-loan-competition/): The Sydney Morning Herald | 31 July, 2014 Clancy Yeates and Jonathan Shapiro http://www.smh.com.au/business/banking-and-finance/cheap-money-fires-home-loan-competition-20140730-3cugi.html Australia’s big banks are fuelling their hot competition in the home loan market by ramping up their use of cheap global financing, raising $125 billion on wholesale funding markets in the last financial year. With global interest rates at record lows, […] - [NZ Reserve Bank's Wheeler keeps rolling out the rate rises](https://accreditedbroker.com.au/nz-reserve-banks-wheeler-keeps-rolling-out-the-rate-rises/): ABC News, Thu 24 Jul, 2014 By business reporter Michael Janda http://www.abc.net.au/news/2014-07-24/nz-reserve-bank27s-wheeler-keeps-rolling-out-the-rate-rises/5620110?section=business New Zealand’s Reserve Bank has lifted interest rates for the fourth meeting in row, taking the cash rate to 3.5 per cent. The nation’s central bank is attempting to bring its cash rate back to more normal levels, after the RBNZ had kept rates at […] - [Renting or buying an even money call says Reserve Bank](https://accreditedbroker.com.au/renting-or-buying-an-even-money-call-says-reserve-bank/): ABC News – 14 July, 2014. By Michael Janda http://www.abc.net.au/news/2014-07-14/renting-or-buying-an-even-money-call-says-reserve-bank/5595814?section=business It is an age old question – is it cheaper to rent or buy? Conventional Australian wisdom has it that “rent money is dead money”, but two Reserve Bank analysts have put this to the test. In research released on Monday, they find whether it […] - [Record breaking housing construction can't keep up with demand: BIS Shrapnel](https://accreditedbroker.com.au/record-breaking-housing-construction-cant-keep-up-with-demand-bis-shrapnel/): Property Observer – 22 July, 2014 By Jennifer Duke http://www.propertyobserver.com.au/forward-planning/investment-strategy/market-trends/33651-record-breaking-housing-construction-still-can-t-keep-up-with-demand-bis-shrapnel.html The housing shortage is a much-lamented problem and BIS Shrapnel’s latest Building in Australia 2014-2029 report suggests that we may continue to feel its effects for some years. While a record-breaking recovery in housing construction was discovered to be underway and a new high of […] - [Leave us alone in our big homes, say baby boomers](https://accreditedbroker.com.au/leave-us-alone-in-our-big-homes-say-baby-boomers/): The New Daily – 7 July, 2014. By Jackson Stiles http://thenewdaily.com.au/news/2014/07/07/leave-us-say-baby-boomers/?utm_medium=email&utm_campaign=The+New+Daily+Tuesday+872014&utm_content=The+New+Daily+Tuesday+872014+CID_16dd42a45213a4b8dbb381bc2f870762&utm_source=&utm_term=Baby%20boomers%20are%20being%20encouraged%20to%20downsize%20in%20retirement%20but%20they%20arent%20happy%20about%20it%20Find%20out%20why%20theyre%20hanging%20on%20to%20huge%20homes#?utm_medium=email&utm_campaign=The+New+Daily+Tuesday+872014&utm_content=The+New+Daily+Tuesday+872014+CID_16dd42a45213a4b8dbb381bc2f870762&utm_source=&utm_term=Baby%20boomers%20are%20being%20encouraged%20to%20downsize%20in%20retirement%20but%20they%20arent%20happy%20about%20it%20Find%20out%20why%20theyre%20hanging%20on%20to%20huge%20homes&_suid=140488108465309546130815833851 Baby boomers want to retire in their larger homes, and have little desire to downsize or be shipped off to a retirement village, the latest research and experts suggest. Despite the social stereotype of baby boomers moving to smaller homes, older Australians simply do not […] - [Low interest rates to continue to underpin the residential markets – for now](https://accreditedbroker.com.au/low-interest-rates-to-continue-to-underpin-the-residential-markets-for-now/): www.bis.com.au – 23rd June, 2014 Angie Zigomanis & Cameron Wells http://www.bis.com.au/verve/_resources/Rel_RPP14_FINAL.pdf Low interest rates to continue to underpin the residential markets – for now But rising dwelling supply and tightening in interest rates to bring about downturn The momentum in price growth that emerged in 2013/14 is expected to continue to support prices in 2014/15 and to […] - [16 Things You’re Doing All Wrong on LinkedIn](https://accreditedbroker.com.au/16-things-youre-doing-all-wrong-on-linkedin/): U.S. News and World Report – 23rd June, 2014 By Careers editor, Jada A. Graves. https://www.yahoo.com/tech/16-things-youre-doing-all-wrong-on-linkedin-89653015534.html It’s not enough to just sign up for LinkedIn, you also have to use it properly. And there’s the rub — click around the professional social network, and you’ll notice a spectrum of what users call proper that perhaps […] - [Property prices about to drop without interest rate cut, warns report](https://accreditedbroker.com.au/property-prices-about-to-drop-without-interest-rate-cut-warns-report/): The Sydney Morning Herald – June 17, 2014. By Eryk Bagshaw http://www.smh.com.au/business/the-economy/property-prices-about-to-drop-without-interest-rate-cut-warns-report-20140617-3aach.html After two years of surging growth, pushing prices to record highs, the housing boom is finally over, according to analysts at Morgan Stanley. “If you’re an investor, you’ve missed the boat,” said Morgan Stanley analyst Malcolm Wood. In a note to investors released […] - [Memo to the IMF: there is no housing bubble](https://accreditedbroker.com.au/memo-to-the-imf-there-is-no-housing-bubble/): The Conversation.Com – 13 June, 2014. By Ross Guest http://theconversation.com/memo-to-the-imf-there-is-no-housing-bubble-27925 Australia’s house prices are grossly overinflated – if you believe the International Monetary Fund’s recent analysis. It says radical policies are required to deflate this emerging housing bubble, such as a stamp duty on house purchases by foreign residents and government imposed controls on bank […] - [How to Negotiate the Best Commission](https://accreditedbroker.com.au/how-to-negotiate-the-best-commission/): News.com.au – June 13, 2014 http://www.news.com.au/finance/real-estate/how-to-negotiate-the-best-commission/story-fndban6l-1226953481037 SELLING your home can be expensive with legal fees, stamp duty and of course the agent’s commission. It can all add up to tens of thousands of dollars. While you can’t negotiate on government fees and charges the one thing you can save money on is the commission you […] - [Are You ASIC Compliant?](https://accreditedbroker.com.au/are-you-asic-compliant/): A legal deadline is rapidly approaching the mortgage industry which will determine whether or not brokers meet ASIC’s requirements. According to ASIC, as of 30 June, Responsible Managers need to have credit industry qualifications to at least the Certificate IV level and two years’ relevant problem-free experience. These requirements were set out in ASIC note […] - [House Price Drop Good for Buyers and The Reserve Bank](https://accreditedbroker.com.au/house-price-drop-good-for-buyers-and-the-reserve-bank/): The recent RP Data house price figures showing a drop in prices have given the media a wake-up call.  But for others, they represented a buying opportunity. The RP Data analysis showed that house prices had fallen by 1.9 per cent in May.  Some journalists saw this as evidence of the bursting of a housing […] - [House Prices Falling, But Not So Fast](https://accreditedbroker.com.au/house-prices-falling-but-not-so-fast/): Daily Telegraph| Garry Shilson-Josling| 2 June 2014 http://m.news.com.au/BusinessBreakingNews/pg/1/fi11688941.htm HOUSING prices are following the usual early-winter pattern – heading lower. But for those hoping prices will recover from their usual lull, there are some positive signs that the low point is near. Market analysis firm RP Data’s monthly measure of prices, the RP Data-Rismark May Hedonic […] - [Making heads or tails of Australia's economic strategy](https://accreditedbroker.com.au/making-heads-or-tails-of-australias-economic-strategy/): Making heads or tails of Australia’s economic strategy The Drum| David Llewellyn-Smith | Mon 7 Apr 2014 http://www.abc.net.au/news/2014-04-04/llewellyn-making-heads-or-tails-of-australias-economic-strategy/5367468?section=business   The RBA has painted itself into a corner on monetary policy, while the Federal Government is talking about massive black holes while simultaneously saying the budget won’t be too tough, writes David Llewellyn-Smith. Institutional stability is one of […] - [Lenders tipped to break with cash rate](https://accreditedbroker.com.au/lenders-tipped-to-break-with-cash-rate/): Lenders tipped to break with cash rate 6 May 2014| Mortgage Business http://www.mortgagebusiness.com.au/breaking-news/7364-lenders-tipped-to-break-with-cash-rate?utm_source=Mortgage+Business&utm_campaign=Mortgage_Business_Newsletter06_05_2014&utm_medium=email The Reserve Bank is not expected to change the official cash rate today, but home loan rates may continue to move. Despite a steady outlook for most of 2014, several variable rate home loans have moved out of cycle this year, Finder.com.au […] - [No-frills alternatives are helping our favourite brands survive](https://accreditedbroker.com.au/no-frills-alternatives-are-helping-our-favourite-brands-survive/): No-frills alternatives are helping our favourite brands survive 23 April 2014| Andrew Hughes http://theconversation.com/no-frills-alternatives-are-helping-our-favourite-brands-survive-25261 Only a few years ago jokes about home brand products were quite common. Having a blue and white or red and white dinner meant enjoying generic brand fare that night around the table. But the recent intensification of the supermarket wars […] - [The good, bad and ugly of RMBS resurgence](https://accreditedbroker.com.au/the-good-bad-and-ugly-of-rmbs-resurgence/): The good, bad and ugly of RMBS resurgence 17 Apr 2014| Alan Kohler http://www.abc.net.au/news/2014-04-17/kohler-the-good-bad-and-ugly-of-rmbs-resurgence/5396428?section=business Photo: Once the price of a block of land was about 40 per cent of the cost of a house; now the land cost is 2-3 times the cost of a house. (ABC News) The mortgage-backed securities market is booming and bodes […] - [Affordable housing shortage drags Australia down social rankings](https://accreditedbroker.com.au/affordable-housing-shortage-drags-australia-down-social-rankings/): ABC News – 14 April, 2015 By Peter Ryan http://www.abc.net.au/news/2015-04-14/affordable-housing-shortage-drags-australia-down-social-rankings/6391350 Australia is the world’s 10th most socially advanced nation but a lack of affordable housing is holding it back, a survey shows. However, while Australia scores well on personal rights – such as freedom of speech, freedom of movement and political rights – it is […] - [Chop negative gearing and there’s savings for buyers and the budget](https://accreditedbroker.com.au/chop-negative-gearing-and-theres-savings-for-buyers-and-the-budget/): Chop negative gearing and there’s savings for buyers and the budget Leith van Onselen | Apr 14, 2014 http://www.crikey.com.au/2014/04/14/chop-negative-gearing-and-theres-savings-for-buyers-and-the-budget/ Negative gearing is costing the government billions but is doing absolutely nothing to boost supply. Let’s get rid of it, writes economist and MacroBusiness commentator Leith van Onselen. As we approach the federal budget witching hour, reports have emerged over the past […] - [RBNZ says home loan limits appear to be slowing house prices](https://accreditedbroker.com.au/rbnz-says-home-loan-limits-appear-to-be-slowing-house-prices/): By business reporter Michael Janda ABC Online 7 Apr 2014, http://www.abc.net.au/news/2014-04-04/rbnz-says-home-loan-limits-appear-to-be-slowing-house-prices/5368080The Reserve Bank of New Zealand says its mortgage lending limits appear to be slowing down home price growth. The RBNZ imposed a cap on the proportion of low deposit (less than 20 per cent) loans that banks could issue, with such loans making up […] - [Financial dos and don’ts of renovating](https://accreditedbroker.com.au/financial-dos-and-donts-of-renovating/): Financial dos and don’ts of renovating by Tony Rigby| 30 Mar 2014 http://www.realestate.com.au/blog/financial-dos-donts-renovating/ With more than 1.5 million viewers watching The Block each night, it’s safe to say Australia is hooked on renovations. But those shows don’t usually show us how to budget responsibly. After completing two renovations myself and advising many clients on how to financially manage them, […] - [Property prices headed for record high](https://accreditedbroker.com.au/property-prices-headed-for-record-high/): Christopher Joye | 28 Mar 2014 | http://www.afr.com/p/personal_finance/smart_money/property_prices_headed_for_record_gSdGyBWsYfyuDcVBwatptN The $4 trillion Australian housing market is now overvalued by at least 10 per cent. Every day, valuations get more stretched. Indeed, Australia is just months away from having the most expensive residential property market in history. Anyone with exposure to the banks, which account for one-third of […] - [Richard Durkin wins 16-year legal fight over loan for returned laptop](https://accreditedbroker.com.au/richard-durkin-wins-16-year-legal-fight-over-loan-for-returned-laptop/): March 27, 2014 | http://www.news.com.au/finance/richard-durkin-wins-16year-legal-fight-over-loan-for-returned-laptop/story-e6frfm1i-1226865933790#\ IT started with an unwanted laptop, and ended in Britian’s Supreme Court. A Scottish man has won a 16-year court battle sparked by a wrangle over a loan he’d taken out to buy a computer. Oil worker Richard Durkin bought a laptop from a store in the Scottish city of Aberdeen in 1998, using […] - [Reserve Bank Discusses Home Lending Limits](https://accreditedbroker.com.au/reserve-bank-discusses-home-lending-limits/): Reserve Bank board discusses home lending limits Michael Janda l ABC 18 March 2014 l http://www.abc.net.au/news/2014-03-18/reserve-bank-board-discusses-home-lending-limits/5328112 For the first time, Reserve Bank board members have admitted to considering the application of home lending limits in Australia. Minutes from the latest board meeting in March released today, show some concern that rising house prices and home lending had […] - [RBA mulls higher home loan hurdles to curb risky lending](https://accreditedbroker.com.au/rba-mulls-higher-home-loan-hurdles-to-curb-risky-lending/): March 10, 2014 | Clancy Yeates | http://www.smh.com.au/business/banking-and-finance/rba-mulls-higher-home-loan-hurdles-to-curb-risky-lending-20140310-34gzt.html The Reserve Bank’s preferred way of reining in a harmful housing credit boom would be to force banks to impose higher “buffers” when testing how borrowers coped with higher interest rates, new documents show. But unlike its counterpart in New Zealand, Australia’s central bank appears unconvinced about restricting loans […] - [Rate Rises Won't Stop Housing Bubbles: ECB President](https://accreditedbroker.com.au/rate-rises-wont-stop-housing-bubbles-ecb-president/): http://thenewdaily.com.au/money/2014/02/24/rate-rises-wont-stop-housing-bubbles-ecb-president/ The head of Europe’s central bank says monetary authorities should keep an eye on developing asset price bubbles, but raising interest rates is not the best way to address such problems. Speaking to media at the end of the G20 finance ministers and central bank governors meeting in Sydney, the European Central Bank’s president […] - [Do's and Dont's to Get a Good Credit Record](https://accreditedbroker.com.au/dos-and-donts-to-get-a-good-credit-record/): 12 March hardly sounds like a key date in history.  But, for those looking to buy property, 12 March 2014 could be a key date that determines whether or not they get a loan. Whenever someone applies for a mortgage, one of the first things a bank does is run a credit check on them.  […] - [Your home as an ‘ATM’: home equity a risky welfare tool](https://accreditedbroker.com.au/your-home-as-an-atm-home-equity-a-risky-welfare-tool/): The Conversation | 5 February 2014 http://theconversation.com/your-home-as-an-atm-home-equity-a-risky-welfare-tool-22000 Perceptions of the family home have changed dramatically in recent years. Once viewed as a tool to ensure low housing costs in old age, a more complex and wide-ranging welfare role for home ownership has emerged. A suite of mortgage products are transforming the family home from “bricks […] - [Reserve Bank flags period of interest rate stability at 2.5 per cent](https://accreditedbroker.com.au/reserve-bank-flags-period-of-interest-rate-stability-at-2-5-per-cent/): By Michael Janda | 4 February 2014 http://www.abc.net.au/news/2014-02-04/reserve-bank-leaves-interest-rates-on-hold-at-record-lows/5237734 The Reserve Bank has left interest rates on hold, and says that is where they are likely to stay for some time. The official cash rate target has now been steady at 2.5 per cent for the past six months, after the RBA last cut its benchmark […] - [Mortgage Brokers' Day in the Sun](https://accreditedbroker.com.au/mortgage-brokers-day-in-the-sun/): http://www.digitalfinanceanalytics.com/blog/mortgage-brokers-day-in-the-sun/ We just updated our mortgage broker models, to take into account recent transaction patterns and commission changes. Our last snapshot was in November last year. Brokers are doing very well at the moment, thanks to increases in the average mortgage transaction value, lifting volumes, and more generous commission rates from the banks who are […] - [Investors' ardour for property waning with falling yields](https://accreditedbroker.com.au/investors-ardour-for-property-waning-with-falling-yields/): Investors’ Ardour for Property Waning with Falling Yields http://smh.domain.com.au/real-estate-news/investors-ardour-for-property-waning-with-falling-yields-20140117-3105v.html Investors’ love affair with Sydney’s property market could be over, with experts anticipating a slowdown in property speculation. But less competition from investors may be good news for first-home buyers. ”All the pointers are there showing that the Sydney investor market has overshot its fundamentals,” said […] - [Fracking and House Prices - Buyer Beware](https://accreditedbroker.com.au/fracking-and-house-prices-buyer-beware/): http://www.economist.com/blogs/freeexchange/2014/01/fracking-and-house-prices | Jan 15th 2014 WHEN potential purchasers look around a house for sale, it’s the property’s visible features that typically draw most attention. The number of bedrooms, amount of floor space, and what the local area is like all tend to have the greatest influence on how much a house is worth. On the other hand, […] - [Capital city home values surge](https://accreditedbroker.com.au/capital-city-home-values-surge/): Business Spectator I January 2, 2014 http://www.businessspectator.com.au/news/2014/1/2/property/capital-city-home-values-surge Capital city home values rose at their fastest pace for four years in calendar 2013, according to the RP Data-Rismark Home Value Index. The index showed home values in capital cities lifted 9.8 per cent over the 12 months to December, the largest calendar year increase since 2009, […] - [Will you be able to get finance in 2014?](https://accreditedbroker.com.au/will-you-be-able-to-get-finance-in-2014/): On the face of it, 2014 looks good for those of us in finance, broking and real estate.  Interest rates will remain low (and maybe lower) and there will be healthy demand for property. 2013 has been a good year and Accredited Broker believes that 2014 will be also.  But next year we may have to work […] - [Is Property Affordable? The devil's in the index](https://accreditedbroker.com.au/is-property-affordable-the-devils-in-the-index/): Richard Livingston I Sydney Morning Herald I December 6, 2013 http://www.smh.com.au/money/investing/is-property-affordable-the-devils-in-the-index-20131206-2yuzd.html#ixzz2mvOuYLQm If you’re reading this article you can probably speak English. So if I ask the question “is property affordable?” you’ll have an opinion, or quickly form one. Unfortunately for the property industry – those who make money building or selling houses – in the […] - [Prepare for a House Price Plateau](https://accreditedbroker.com.au/prepare-for-a-house-price-plateau/): Callum Pickering I Business Spectator I December 4, 2013 http://www.businessspectator.com.au/article/2013/12/4/property/prepare-house-price-plateau How much more can investors get out of the housing market? Not a great deal. The 2013 house price ‘boom’ – if we can call it that – has largely been a Sydney affair, with real dwelling prices in other capital cities growing at a […] - [The dark side of house price appreciation](https://accreditedbroker.com.au/the-dark-side-of-house-price-appreciation/): The dark side of house price appreciation  http://www.businessspectator.com.au/article/2013/11/26/economy/dark-side-house-price-appreciation  Business Spectator 26 November 2013 Policymakers around the world often worry about decreases in real-estate prices and other asset prices, and take measures to prevent them. For example, in the aftermath of the financial crisis, the Federal Reserve has engaged in large-scale asset purchases – especially of mortgage-backed […] - [Mitsubishi leads Japanese banks into Aussie mortgage market](https://accreditedbroker.com.au/mitsubishi-leads-japanese-banks-into-aussie-mortgage-market/): Australian Financial Review I November 26, 2013 http://www.afr.com/p/business/companies/mitsubishi_leads_japanese_banks_He4UKEpM4YeNL6nTxnfXhI Bank of Tokyo-Mitsubishi has agreed to provide Australian financial ­services firm AMP Ltd with a $500 million one-year mortgage-backed facility, a landmark deal that marks the entry of Japan’s banks into the Australian home loan ­market. The Japanese bank announced the deal on Monday in which it will provide short-term funds to AMP […] - [The Housing Bubble and Lazy Land Use](https://accreditedbroker.com.au/the-housing-bubble-and-lazy-land-use/): The Housing Bubble and Lazy Land Use 0 by Karl Fitzgerald Prosper Australia http://www.prosper.org.au/2013/11/21/the-housing-bubble-and-lazy-land-use/on November 21, 2013 Tags: housing affordability, Speculative vacancies As published in today’s Online Opinion The beauty of the disinformation is staggering. As house prices accelerate 7.6% nationally, poor housing supply continues to be blamed for the housing crisis. Meanwhile, the sixth Speculative […] - [I am sorry Mr Journalist, but we don’t buy it.](https://accreditedbroker.com.au/i-am-sorry-mr-journalist-but-we-dont-buy-it/): I am sorry Mr Journalist, but we don’t buy it Nearly every ‘property bubble’ story in the media seems to have reference to banks relaxing their lending standards – implying that this is a factor driving prices up. Accredited Broker just does not buy this and reckons that, if anything, lenders have toughened their lending […] - [Next capital city to boom](https://accreditedbroker.com.au/next-capital-city-to-boom/): Next capital city to boom |18 November 2013| Vivienne Kelly http://www.theadviser.com.au/breaking-news/29396-next-capital-city-to-boom Brisbane will be the next Australian capital city to take off, according to a panel of property experts. Speaking at a recent roundtable conducted by The Adviser’s sister publication Smart Property Investment, Propertyology’s Simon Pressley, Destiny Financial Solutions’ Margaret Lomas, property lecturer and author Peter Koulizos, Empower […] - [Housing market 'not entering boom times': Residex](https://accreditedbroker.com.au/housing-market-not-entering-boom-times-residex/): Housing market ‘not entering boom times’: Residex | 8th November 2013 http://www.brokernews.com.au/news/breaking-news/housing-market-not-entering-boom-times-residex-181218.aspx All is going well for Australia relative to most developed countries of the world, according to Residex founder, John Edwards, who says the RBA and Federal Government should be comfortable with the transition process taking place as the country moves away from the […] - [From crisis to cosy: why banking needs another inquiry](https://accreditedbroker.com.au/from-crisis-to-cosy-why-banking-needs-another-inquiry/): The Conversation I 6 November 2013 http://theconversation.com/from-crisis-to-cosy-why-banking-needs-another-inquiry-19677 Reporting season has delivered another round of record bank profits. Yet, in itself, this is no bad thing. Former Reserve Bank governor, the late Sir Harold Knight, used to quip that profitable banks don’t fail. Indeed, we should be thankful that our banking system is sound, stable and […] - [A new norm is being set, first home buyers aren't coming back](https://accreditedbroker.com.au/a-new-norm-is-being-set-first-home-buyers-arent-coming-back/): Michael Matusik I Property Observer I October 17, 2013 http://www.propertyobserver.com.au/first-home-buyers/a-new-norm-is-being-set-first-home-buyers-aren-t-coming-back-michael-matusik Q: Where have all the first home buyers gone? A: Nowhere – and they are not coming back. For those interested in property matters, you’ve probably been bombarded by tales of woe about all those poor first timers who cannot get into the market. Nasty investors.  Rich […] - [First home buyers are not locked out](https://accreditedbroker.com.au/victoria-thieberger-i-business-spectator-i-14-october-2013-http-www-businessspectator-com-au-article-2013-10-11-property-why-housing-boom-different-time-as-another-round-of-saturday-auctions-loom/): Business Spectator I Stephen Koukoulas I15 October 2013 http://www.businessspectator.com.au/article/2013/10/15/property/first-home-buyers-are-not-locked-out There is a perception that housing is unaffordable for first home buyers and the fact that there are fewer young people buying houses and are ‘forced’ into renting the place they live in is a bad thing. This appears to be another one of those spurious […] - [Why the housing boom is different this time](https://accreditedbroker.com.au/why-the-housing-boom-is-different-this-time/): Victoria Thieberger I Business Spectator I 14 October 2013 http://www.businessspectator.com.au/article/2013/10/11/property/why-housing-boom-different-time As another round of Saturday auctions loom, you can bet on one more weekend of frenzied reporting about the heat in the housing market. Auction clearance rates in Sydney have topped 80 per cent for 11 weeks running, a clear signal that buyers are suddenly worried about […] - [Is there a property bubble? The experts have their say](https://accreditedbroker.com.au/is-there-a-property-bubble-the-experts-have-their-say/): Property Observer I  Friday, 04 October 2013 http://www.propertyobserver.com.au/economy/is-there-a-property-bubble-the-experts-have-their-say/2013100365490/Page-4?utm_campaign=d7dca0f58f-June_21_1_29_2013&utm_medium=email&utm_source=Property%2BObserver%2BList&utm_term=0_a523fbfccb-d7dca0f58f-245300085 We’ve been reading about it for the last few weeks, and some of us have been talking about it for years: The Property Bubble. We asked some of the country’s top economists and commentators in the property space to share their thoughts exclusively with Property Observer. They were each […] - [The unregulated business of property investment advice](https://accreditedbroker.com.au/the-unregulated-business-of-property-investment-advice/): http://theconversation.com/the-unregulated-business-of-property-investment-advice-18792The unregulated business of property investment advice  Peter Koulizos The Conversation 3 October 2013 Record low interest rates are stoking Australia’s property market, with some expressing concern that property spruikers are targeting self managed superannuation funds investing in the sector. Providing property investment advice can be a very lucrative business. Anecdotally, a property investment adviser can earn […] - [Missing Melbourne's Poor Property Fundamentals](https://accreditedbroker.com.au/missing-melbournes-poor-property-fundamentals/): Macrobusiness | Leith Van Onselen | 11 September 2013 https://accreditedbroker.com.au/administrator/index.php?option=com_content&task=add Monique Sasson Wakelin has today written a rant in the AFR lambasting a range of analysts for providing negative comments about the Melbourne housing market: Last week, Angie Zigomanis of research house BIS Shrapnel told ­property investors to steer clear of the Melbourne market, saying, […] - [NZ Government Passes Law to Unblock Housing Land Supply](https://accreditedbroker.com.au/nz-government-passes-law-to-unblock-housing-land-supply/): Leith Van Onselen I Macrobusiness | September 6, 2013 http://www.macrobusiness.com.au/2013/09/nz-government-passes-laws-unblock-land-supply/ Yesterday, New Zealand’s parliament passed new laws to free-up land supply and remove planning bottlenecks in a move aimed squarely at improving housing affordability: The Housing Accords and Special Housing Areas Bill passed its third reading in Parliament today 63 votes to 56 and will come into effect Monday 16 […] - [Global House Prices: Mixed Messages](https://accreditedbroker.com.au/global-house-prices-mixed-messages/): The Economist | 31 August 2013 http://www.economist.com/news/finance-and-economics/21584361-america-surges-much-europe-sinks-mixed-messages America surges, much of Europe sinks HOUSING markets are prone to boom-and-bust cycles, with prices overshooting then undershooting sustainable levels. To work out whether they are over- or undervalued, The Economist uses two gauges. One assesses affordability by comparing prices with disposable income. The other considers the case for investing in […] - [Wanna see a teller? Banks say pay for it](https://accreditedbroker.com.au/wanna-see-a-teller-banks-say-pay-for-it/): Wanna see a teller? Banks pay for it | Kayla Tausche | CNBC General Assignment Reporter | 30 August 2013 http://www.cnbc.com/id/100999860#! Banks now want you to pay for face time, as more institutions charge fees for what was once the ritual for withdrawing and depositing your money: interacting with a teller. The banks are finding […] - [Low Rates Drive Investors into Property Rush](https://accreditedbroker.com.au/low-rates-drive-investors-into-property-rush/): Michael Janda | ABC online | August 26, 2013 http://www.abc.net.au/news/2013-08-26/low-rates-drive-investors-into-property-rush/4913262 Australia’s biggest real estate market continues to lead national property prices higher, with Sydney posting another weekend where the clearance rate was around 80 per cent. Analysts say the high clearance rates in Sydney are due to a shortage of properties on the market at the same […] - [How Houston Maintains Affordable Housing](https://accreditedbroker.com.au/how-houston-maintains-affordable-housing/): How Houston Maintains Affordable Housing | Leith Van Onselen | 26 August 2013 http://www.macrobusiness.com.au/2013/08/how-houston-maintains-affordable-housing/ I have written previously how Houston’s deregulated and innovative urban planning system has succeeded in providing Houstonians with housing that is among the most affordable in the Western world. As explained here, the secret rests in the way that Houston: Enables a plentiful […] - [New Zealand's bold move against the housing bubble](https://accreditedbroker.com.au/new-zealands-bold-move-against-the-housing-bubble/): http://www.businessspectator.com.au/article/2013/8/21/economy/new-zealands-bold-move-against-housing-bubble New Zealand’s bold move against the housing bubble Stephen Koukoulas21 Aug, 2013 Business Spectator  There have not been many instances in the past decade or so where economic policy changes in New Zealand have presented a template or lead for Australia. After all, New Zealand is only just recovering from a recession that Australia […] - [But wait, there might be a snag](https://accreditedbroker.com.au/but-wait-there-might-be-a-snag/): Adele Ferguson I Sydney Morning Herald I August 13, 2013 http://www.smh.com.au/business/but-wait-there-might-be-a-snag-20130812-2rsbw.html#ixzz2btxMpIQ8 National Australia Bank’s $1000 cash-back offer to induce home owners to switch their mortgages to the bank has a touch of the Demtels about it, with the short-term offer including everything but the steak knives. It seems competition is intensifying in home lending just […] - [CBA chief Ian Narev not losing sleeping over property bubble fears](https://accreditedbroker.com.au/cba-chief-ian-narev-not-losing-sleeping-over-property-bubble-fears/): Clancy Yeates I Sydney Morning Herald I August 12, 2013 http://www.smh.com.au/business/banking-and-finance/cba-chief-ian-narev-not-losing-sleeping-over-property-bubble-fears-20130812-2rs8w.html#ixzz2btURZgks Commonwealth Bank chief executive Ian Narev does not lie awake at night worrying about how Australia’s property market may respond to record-low interest rates, despite persistent questions about house prices from foreign investors. The chief of the country’s biggest bank today said he thought the economy was […] - [Property Bubble? That's the theory anyway](https://accreditedbroker.com.au/property-bubble-thats-the-theory-anyway/): Phillip Soos I Deakin University I August 9, 2013 http://theconversation.com/property-bubble-thats-the-theory-anyway-16814 As Australian housing prices have boomed over the last decade and a half, there has been much discussion over whether a bubble exists in the residential property market. More recently, the concern is the record-low interest rate of 2.5% may cause a housing bubble. Conspicuously […] - [How to Sell without Selling](https://accreditedbroker.com.au/how-to-sell-without-selling/): Mike Figliuolo I thoughtLEADERS LLC I July 8, 2013 I hate salespeople. I especially hate the ones who doggedly pursue me hocking their wares even after I’ve repeatedly told them I’m not interested. The worst of the lot end up with a special caller ID in my phone so I know what to do when […] - [USA single family homes - major funds continue to enter this property investment sector](https://accreditedbroker.com.au/usa-single-family-homes-major-funds-continue-to-enter-this-property-investment-sector/): Global Vision Property I July 3, 2013 http://gviproperty.com/?p=1366 Many property investors are concerned over whether the single family home sector in the USA is one they should invest in. Well, in addition to Warren Buffett extolling its virtues (see our web site news archive), investors can take heart from the news that Blackstone Group has […] - [Through the roof again?](https://accreditedbroker.com.au/through-the-roof-again/): The Economist I June 29, 2013 http://www.economist.com/news/business/21580149-americas-builders-have-responded-cautiously-higher-house-prices-so-far-through-roof THE stronger-than-expected 53% growth in quarterly sales reported on June 25th by Lennar, America’s biggest homebuilder by market capitalisation, is the latest evidence that the country’s housing market is recovering from its mid-decade meltdown. On the same day the Commerce Department reported that 476,000 new homes were sold […] - [Investors returning to market](https://accreditedbroker.com.au/investors-returning-to-market/): Steven Cross I The Adviser I June 28, 2013 http://www.theadviser.com.au/breaking-news/8867-investors-returning-to-market– The popularity of property investment is rising, according to new data from the Australian Bureau of Statistics (ABS), with record low interest rates driving confidence. The latest housing finance figures from the ABS show the value of investment home loans rose by a seasonally-adjusted 1.1 […] - [The destruction and gradual reconstruction of rental yields in Australia](https://accreditedbroker.com.au/the-destruction-and-gradual-reconstruction-of-rental-yields-in-australia/): RP Data 7 June 2013│The destruction and gradual reconstruction of rental yields in Australia │by Time Lawless in Rents, Research. http://blog.rpdata.com/2013/06/the-destruction-and-gradual-reconstruction-of-rental-yields-in-australia/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+RPDataResearchBlog+%28RP+Data+Research+Blog%29 Looking at the historical growth cycle of capital city rents and value growth, it has been quite a rare occurrence for weekly rents to outpace dwelling values for growth. In fact, since 1996 there […] - [10 Tips on Networking](https://accreditedbroker.com.au/10-tips-on-networking/): 10 Tips on Networking http://careermylife.com/?p=317 Know thyself, understand your energy level and mood going in. Understand how you’re feeling prior to the event and if “not in the mood”, do what is needed to get IN the mood so that you can represent you and your organization well. Set some goals of meeting people A […] - [Productivity Lifesaver](https://accreditedbroker.com.au/productivity-lifesaver/): Productivity Lifesaver: The 5-Sentence Email│By Stephanie Vozza | May 8 2013 http://m.entrepreneur.com/article/226581 Eliminating extra information from emails can help you reclaim a large portion of your workday, increase your productivity, and improve your chances of getting a reply. Boulder, Colo. entrepreneur Andreea Ayers discovered the impact of shortened correspondence when she hired a business coach […] - [Which Business Networking Method Is Right For You?](https://accreditedbroker.com.au/which-business-networking-method-is-right-for-you/): http://ukbeautyreview.com/?p=6607Onlinenetworking In much the same way as Facebook allows you to keep in touch with your friends, there are some networks that will allow you to promote your business. Indeed Facebook is one of those methods and you can design a Facebook page to help promote your business whatever sector you’re in. Another online business network […] - [Funny Business: Why humour on the job matters](https://accreditedbroker.com.au/funny-business-why-humour-on-the-job-matters/): Eric Barton I BBC Capital I July 30, 2013 http://www.bbc.com/capital/story/20130729-funny-business-at-the-office?goback=%2Egde_3044917_member_265158395#%21 At the NewSprings megachurch in South Carolina, a pastor recently rode a four-wheeler on stage. Camouflage dominated the wardrobes at the pulpit. The antics of the so-called Redneck Sermon Series have a point, said Pastor Perry Noble, whose Southern Baptist church often attracts 20,000 worshipers […] - [Government's Grants & Assistance Finder](https://accreditedbroker.com.au/governments-grants-assistance-finder/): Are you? – A business owner or keen to start your own business? At a glance: – The Government has a readily available online tool that helps you search for a wide variety of business grants and assistance programs for free. You should: – Consider using the tool to locate potential grants or assistance available […] - [Why Singaporean buyers are lured to overseas property market](https://accreditedbroker.com.au/why-singaporean-buyers-are-lured-to-overseas-property-market/): Alexander Knight | Singapore Business Review | April 26, 2013 http://sbr.com.sg/commercial-property/commentary/what-khazanah-has-in-store-singaporean-property-buyers?goback=%2Egde_3056216_member_236000326 Just across the water, north-west of Singapore, a new metropolis is taking shape. According CIMB, now that Khazanah (Malaysia’s government investment arm) have jumped into the fray and that international schools are springing up, Iskandar has taken a major shot of credibility to the arm. Along with […] - [Getting into the property market is a tough ask for Gen Y](https://accreditedbroker.com.au/getting-into-the-property-market-is-a-tough-ask-for-gen-y/): Mark Armstrong | Macrobusiness | April 24, 2013 http://www.propertyobserver.com.au/residential/getting-into-the-property-market-is-a-tough-ask-for-gen-y-mark-armstrong/2013042460698utm_source=po&utm_medium=aida&utm_campaign=upperright&utm_source=Property+Observer+List&utm_campaign=20179c1e47-April_24_1_29_2013&utm_medium=email The property market is a slow moving beast and when you are able to pick up on the trends and get on board, it allows you to make better investment decisions. BIS Shrapnel’s emerging trends in residential market demand report released this week picked up on […] - [Brits Pack 'em in Like Sardines](https://accreditedbroker.com.au/brits-pack-em-in-like-sardines/): Leith van Onselen  | Macro Business  | April 24, 2013  http://www.macrobusiness.com.au/2013/04/brits-pack-em-in-like-sardines/ Those who have followed this blog for a while will know that I am highly sceptical of the UK housing system, which I believe operates world’s worst practice when it comes to social and economic outcomes. Central to the UK’s housing malaise is its dysfunctional supply […] - [3 Clever Mortgage Marketing Tips to Boost Business](https://accreditedbroker.com.au/3-clever-mortgage-marketing-tips-to-boost-business/): http://blog.moreloans4u.com/clever-mortgage-marketing-tips-to-boost-business/?goback=%2Egde_50296_member_227239642 In today’s digital world of mortgage marketing, Loan Officers are constantly bombarded with terms like social media, SEO, email campaigns, PPC, etc… These are all important parts of an excellent mortgage marketing strategy, but many Loan Officers don’t have the time or the technical know-how in order to effectively incorporate them. Oftentimes, many Loan […] - [Fitch Warns on NZ Bubble](https://accreditedbroker.com.au/fitch-warns-on-nz-bubble/): Fitch Ratings | Macro Business | 9 April 2013 http://www.macrobusiness.com.au/2013/04/fitch-warns-on-nz-property-bubble/ Fitch Ratings says that challenges are increasing for New Zealand’s major banks with strong asset growth and fierce price competition potentially leading to asset bubbles. This in turn may impact bank financial strength and place negative pressure on Viability Ratings (VR). In a report published today, Fitch highlights that New […] - [Housing Markets: Rationalising the Ridiculous](https://accreditedbroker.com.au/housing-markets-rationalising-the-ridiculous/): R.A – Washington | The Economist | April 8, 2013 http://www.economist.com/blogs/freeexchange/2013/04/housing-markets TAKE a look at this chart, showing an index of Phoenix, Arizona home prices over the past two decades: From this, it looks as though a bout of temporary insanity broke out in 2004, lasted about two years, and then came to an abrupt […] - [Six years of low interest rates in search of some growth](https://accreditedbroker.com.au/six-years-of-low-interest-rates-in-search-of-some-growth/): The Economist I 6 April 2013 http://www.economist.com/news/briefing/21575773-central-banks-have-cushioned-developed-worlds-economy-difficult-period-they-have-yet?fsrc=scn/ln_ec/six_years_of_low_interest_rates_in_search_of_some_growth NEVER in recent economic history have interest rates been so low for so many for so long. It is a safe bet that central banks in America, Britain, the euro zone, Japan and Switzerland will not be increasing short-term interest rates this year. Haruhiko Kuroda began his tenure at […] - [Betting the House](https://accreditedbroker.com.au/betting-the-house/): Lessons from America’s long history of property booms The Economist | April 6, 2013 http://www.economist.com/news/finance-and-economics/21575737-lessons-americas-long-history-property-booms-betting-house ROBERT MORRIS would have enjoyed the recent American housing boom. A signatory of the Declaration of Independence, he profited handsomely in the 1790s by “flipping” land on the American frontier. His business, acquiring millions of acres from Native Americans and friends […] - [Putting an end to commuting](https://accreditedbroker.com.au/putting-an-end-to-commuting/): Washington Post | 4 April 2013 http://www.washingtonpost.com/business/economy/obama-administration-pushes-banks-to-make-home-loans-to-people-with-weaker-credit/2013/04/02/a8b4370c-9aef-11e2-a941-a19bce7af755_story.html Before the crisis, about 40 percent of home buyers were first-time purchasers. That’s down to 30 percent, according to the National Association of Realtors. From 2007 through 2012, new-home purchases fell 30 percent for people with credit scores above 780 (out of 800), according to Federal Reserve Governor Elizabeth Duke. […] - [Obama administration pushes banks to make home loans to people with weaker credit](https://accreditedbroker.com.au/obama-administration-pushes-banks-to-make-home-loans-to-people-with-weaker-credit/): Washington Post | 4 April 2013 http://www.washingtonpost.com/business/economy/obama-administration-pushes-banks-to-make-home-loans-to-people-with-weaker-credit/2013/04/02/a8b4370c-9aef-11e2-a941-a19bce7af755_story.html Before the crisis, about 40 percent of home buyers were first-time purchasers. That’s down to 30 percent, according to the National Association of Realtors. From 2007 through 2012, new-home purchases fell 30 percent for people with credit scores above 780 (out of 800), according to Federal Reserve Governor […] - [Cheaper to buy first home today without $7000 grant](https://accreditedbroker.com.au/cheaper-to-buy-first-home-today-without-7000-grant/): John McGrath  | SwitzerBroker | 3 April 2013 http://www.switzerbroker.com.au/the-experts/john-mcgrath/cheaper-to-buy-first-home-today-without-7000-grant/ It’s such a shame to see first home buying slump to such low levels in NSW and Queensland since the scrapping of the $7000 grants for established properties last October. As you know, these grants were replaced by incentives for purchasing new or off-the-plan in an […] - [Without promotion, something terrible happens: NOTHING](https://accreditedbroker.com.au/without-promotion-something-terrible-happens-nothing/): This article is an extract from business coach, Robert Knapp. http://www.mentum.com.au/index.html The most important action in growing your business is to develop new leads, get your name in front of potential customers. Create and market your “Brand” to realise name recognition. Look after your existing customers, offer a value proposition to increase satisfaction and cultivate […] - [Conditions Align for Australian Property "Perfect Storm"](https://accreditedbroker.com.au/conditions-align-for-australian-property-perfect-storm/): Christian Edwards | Shaghai Daily | March 24, 2013 http://www.shanghaidaily.com/article/article_xinhua.asp?id=132842 SYDNEY, March 24 (Xinhua) — After almost a decade of relentless foreign investment, the bang of Australia’s mining boom may have finally popped – and as the smoke clears, a resurgent property market has revealed itself as the next quarry for foreign investors. The strength […] - [Money Motivations - Alien to Clients, but Known to You](https://accreditedbroker.com.au/money-motivations-alien-to-clients-but-known-to-you/): Susan Zimmerman | Mindful Asset Programs http://www.globalbankingandfinance.com/Finance/Money-Motivations-–-Alien-to-Clients-but-Known-to-You.html Have you noticed that clients’ Emotions and Thoughts (ET) about money often seem like aliens from another planet? Most of them lie outside of their conscious awareness. Yet they’re powerful drivers of behavior. It makes sense to continue your efforts to help clients be more mindful with their […] - [Earth moves under Australia's housing recovery](https://accreditedbroker.com.au/earth-moves-under-australias-housing-recovery/): Jessica Irvine  | Business Spectator | March 15, 2013 http://www.businessspectator.com.au/article/2013/3/15/property/earth-moves-under-australias-housing-recovery#ixzz2PihogAJu It’s a housing recovery Glenn, but not as we know it. Australians are changing the way they live and the property industry must adapt to survive. In an insightful speech to the Australian Institute of Building last night, the Reserve Bank’s assistant governor (economic), Christopher Kent, gave […] - [Is Australian Property Worth the Risk?](https://accreditedbroker.com.au/is-australian-property-worth-the-risk/): David Llewellyn-Smith | Sydney Morning Herald | March 8, 2013 http://www.smh.com.au/business/is-australian-property-worth-the-risk-20130308-2fpgd.html Analysis This morning, Residex’s John Edwards sees the same momentum building in the property market that we are all seeing in the past few weeks of auction clearance rates: He argues that property prices are likely to accelerate from here. And in the short […] - [Apartment living on the Rise](https://accreditedbroker.com.au/apartment-living-on-the-rise/): Jennifer Blake | The Daily Telegraph | February 27, 2013 http://www.dailytelegraph.com.au/realestate/investing/apartment-living-on-the-rise/story-fndctfxy-1226586521994 Once the territory of first-home buyers and investors, more and more Australians are choosing apartments for the easy lifestyle on offer. “It’s becoming a life-style choice, rather than a first step towards your dream home,” said Karen Stiles, executive officer of the Owners Corporation […] - [Which Bank? It's not always easy to tell](https://accreditedbroker.com.au/which-bank-its-not-always-easy-to-tell/): Jessica Irvine | News Limited Network | February 27, 2013 Try this pop quiz: How many of the following financial institutions do you think are owned by the big four banks? St George, BankWest, UBank, RAMS Home Loans, Aussie Home Loans, Wizard Home Loans, Bank of Melbourne, Bank SA. If you answered “all of the above” […] - [Are First Home Buyers on Strike?](https://accreditedbroker.com.au/are-first-home-buyers-on-strike/): Leith van Onselen | Sydney Morning Herald | February 12, 2013 http://www.smh.com.au/business/property/are-firsthome-buyers-on-strike-20130212-2e9r4.html For a number of years, rumblings of discontent have grown louder among interest groups in support of first home buyers (FHBs). One such group even went so far at to call for a home buyer’s strike in 2011. There is no doubt that FHBs have […] - [The Long Run Decline in Actual Homeownership](https://accreditedbroker.com.au/the-long-run-decline-in-actual-homeownership/): Mark A. Calabria | The Cato Institute |  4 February 2013 http://www.cato.org/blog/long-run-decline-actual-homeownership It would be far more accurate to label U.S. federal homeownership policy, U.S. mortgage policy.  For the primary means of “extending” homeownership, via federal policy, has been the massive increase in mortgage debt.  Sadly the actual trend increase in homeownership has been close to nothing since 1960. If […] - [Confidence in property at two-year high](https://accreditedbroker.com.au/confidence-in-property-at-two-year-high/): The Real Estate Conversation| 12 January 2017 https://www.therealestateconversation.com.au/news/2017/01/12/confidence-property-two-year-high/1484164857 Confidence in the property sector is at a two-year high at the beginning of 2017, according to the latest ANZ Property Council Survey. The survey of more than 1,500 property professionals showed that confidence rose 2 points to 132 for the March 2017 quarter.  A score of 100 […] - [Interest rates on mortgages likely to rise, despite steady Reserve Bank](https://accreditedbroker.com.au/interest-rates-on-mortgages-likely-to-rise-despite-steady-reserve-bank/): Peter Ryan| ABC| 9 December 2016 http://www.abc.net.au/news/2016-12-09/interest-rates-on-mortgages-likely-to-rise/8106180?section=business After several years of record low interest rates, Australian home buyers are facing unwelcome news in the lead-up to Christmas. Banks have been quietly raising rates for investor loans in recent times, as well as a range of fixed-term rates, and are now eyeing whether to put up […] - [A $430 Billion Mortgage-Bond Market Shrugs Off the Trump Effect](https://accreditedbroker.com.au/a-430-billion-mortgage-bond-market-shrugs-off-the-trump-effect/): Frances Schwartzkopff| Bloomberg| 27 November 2016 http://finance.yahoo.com/news/430-billion-mortgage-bond-market-110000783.html Donald Trump may have frightened off global bond investors, but the world’s largest mortgage-backed covered-bond market is shrugging off the specter of a real estate mogul with big spending plans running the U.S. Short-term yields in Denmark’s $430 billion mortgage bond market fell close to (and in some […] - [US presidency: A trump card for Aussie housing or a bad hair day?](https://accreditedbroker.com.au/us-presidency-a-trump-card-for-aussie-housing-or-a-bad-hair-day/): Tim Lawless| Corelogic Blog| 10 November 2016 http://blog.corelogic.com.au/2016/11/us-presidency-trump-card-aussie-housing-bad-hair-day/ A new leader of the world’s largest super power will always be accompanied by uncertainty, however the election of Donald Trump highlights (in the words of another Donald (Rumsfeld)) that “unknown unknowns” have been amplified.  This means uncertainty.  Trump is untested, unproven, and if the election campaign […] - [Interest rates calculator: How much are banks' decisions costing you?](https://accreditedbroker.com.au/interest-rates-calculator-how-much-are-banks-decisions-costing-you/): http://www.abc.net.au/news/2016-10-05/interest-rates-calculator-big-four-banks/7808804 Matt Martino, Colin Gourlay and Ben Spraggon | ABC Business| 5 October 2016 When the Reserve Bank of Australia announces an interest rate cut, all eyes turn immediately to the big banks to see if they’ll follow suit. This month, the RBA decided to leave interest rates on hold but since November 2011, the […] - [Interest rates calculator: How much are banks' decisions costing you?](https://accreditedbroker.com.au/interest-rates-calculator-how-much-are-banks-decisions-costing-you-2/): http://www.abc.net.au/news/2016-10-05/interest-rates-calculator-big-four-banks/7808804 Matt Martino, Colin Gourlay and Ben Spraggon | ABC Business| 5 October 2016 When the Reserve Bank of Australia announces an interest rate cut, all eyes turn immediately to the big banks to see if they’ll follow suit. This month, the RBA decided to leave interest rates on hold but since November 2011, the […] - [WILL THE RESERVE BANK CUT RATES AGAIN?](https://accreditedbroker.com.au/will-the-reserve-bank-cut-rates-again/): http://www.thebull.com.au/articles/a/62953-will-the-reserve-bank-cut-rates-again.html Craig James| Comm Sec| 3 October 2016 Reserve Bank Board meeting The Reserve Bank has left the cash rate at a record low of 1.50 per cent. The Reserve Bank is expected to await the September quarter inflation data in late October to decide the next move in rates. What does it all mean? Will the […] - [Has Vancouver found the solution to a super-heated housing market?](https://accreditedbroker.com.au/has-vancouver-found-the-solution-to-a-super-heated-housing-market/): https://www.theguardian.com/cities/2016/sep/30/vancouver-canada-house-prices-solution-super-heated-housing-market Patrick Collinson| The Guardian| 30 September 2016 There is a city which is suffering a worse property bubble than Sydney, whose residents are more priced-out than Londoners, and where there is a greater divide between the housing haves and have-nots than even San Francisco. That city is Vancouver, and in response to these mounting […] - ['Clear indication' trail commission will not be banned, says mortgage chief HomeNews](https://accreditedbroker.com.au/clear-indication-trail-commission-will-not-be-banned-says-mortgage-chief-homenews/): Julia Corderoy| Australian Broker| 26 August 2016 http://www.brokernews.com.au/news/breaking-news/clear-indication-trail-commission-will-not-be-banned-says-mortgage-chief-222241.aspx Trail commission is unlikely to banned as a part of ASIC’s remuneration review of the mortgage broking sector, the chief executive of a major mortgage franchise has said. Speaking at the release of Mortgage Choice’s FY2016 annual results, CEO John Flavell said it is doubtful ASIC will […] - [CBA Pulls Back in Mortgage Discount War](https://accreditedbroker.com.au/cba-pulls-back-in-mortgage-discount-war/): Clancy Yeates| Sydney Morning Herald| 23 August 2016 http://www.smh.com.au/business/banking-and-finance/commonwealth-bank-cuts-mortgage-discounts-by-015-percentage-points-20160822-gqyb1f.html The Commonwealth Bank will cut the size of lucrative discounts offered to customers taking out new home loans by 0.15 percentage points, pointing to higher funding costs and tougher capital rules. With banks competing fiercely for credit growth in recent months, lenders have sought to win customers by […] - [RBA Retains Strong Easing Bias](https://accreditedbroker.com.au/rba-retains-strong-easing-bias/): Mortgage Business| 22 August 2016 http://www.mortgagebusiness.com.au/breaking-news/10184-rba-retains-strong-easing-bias-says-anz The Reserve Bank’s cash rate is likely to remain unchanged at 1.5 per cent, however ANZ sees a “clear risk of further easing”, primarily due to the low inflation outlook. Commenting on the minutes of the RBA’s latest meeting, ANZ has said that while it expects the Bank to […] - [NAB Tips Two More Rate Cuts](https://accreditedbroker.com.au/nab-tips-two-more-rate-cuts/): ABC Business| 9 August 2016 http://www.msn.com/en-au/money/personalfinance/nab-tips-two-more-interest-rate-cuts-despite-solid-business-confidence/ar-BBvppZf?ocid=sk2mdhp National Australia Bank has significantly changed its call on official interest rate movements, arguing the Reserve Bank is likely to make two more cuts to 1 per cent, with the possibility of introducing “unconventional” monetary policy if the outlook continues to deteriorate. NAB’s change in stance followed the RBA’s […] - [Brokers Are The Winners In The Home Loan Wars](https://accreditedbroker.com.au/brokers-are-the-winners-in-the-home-loan-wars/): 1st June 2016 | Martin North | Digital Finance Analytics Blog Brokers Are The Winners In The Home Loan Wars The latest Quarterly ADI Property Exposure stats from APRA paints an interesting picture of lending for residential property.  Total stock of loans across the 150 entities tracked was $1.4 trillion. In the last quarter, $81.7 billion […] - [Forget the footy: which Euro 16 nations have boom or bust housing markets?](https://accreditedbroker.com.au/forget-the-footy-which-euro-16-nations-have-boom-or-bust-housing-markets/): 29th May 2016 | Anna White | The Telegraph http://www.telegraph.co.uk/property/house-prices/forget-the-footy-which-euro-16-nations-have-boom-or-bust-housing/ If only the Euro 2016 tournament was won and lost on the streets, rather than the football pitch, and the goal was to achieve the fastest rate of property price growth. If that were the case, the three lions would surely be a contender to […] - [Australian house prices won't have a US-style collapse, but they will fall](https://accreditedbroker.com.au/australian-house-prices-wont-have-a-us-style-collapse-but-they-will-fall/): 24th May 2016 | Greg McKenna | Business Insider Australia http://www.businessinsider.com.au/australian-house-prices-wont-have-a-us-style-collapse-but-they-will-fall-2016-5 There has been much talk lately about loose lending standards in Australian banking. We’ve had an exposition of lending practices in Western Sydney by hedge fund manager John Hempton and Jonathan Tepper from Variant Perception and we’ve had revelations of problems with offshore borrowers’ […] - [Foreign lending crackdown won't damage property market](https://accreditedbroker.com.au/foreign-lending-crackdown-wont-damage-property-market/): 12th May 2016 | Julia Corderoy | Australian Broker http://www.brokernews.com.au/news/breaking-news/foreign-lending-crackdown-wont-damage-property-market-215825.aspx The bank crackdown on foreign lending will impact the Australian property market, but its effects won’t be too far-reaching, a prominent broker has said. Speaking to Australian Broker, Ren Wong, the CEO of N1 Loans, said the bank restrictions on lending to foreign borrowers or excluding foreign-sourced […] - [The herd driven housing bubble that could trigger an apartment bust](https://accreditedbroker.com.au/the-herd-driven-housing-bubble-that-could-trigger-an-apartment-bust/): 11th May 2016 | Abbas Valadkhani, Russell Smyth | The Conversation http://theconversation.com/the-herd-driven-housing-bubble-that-could-trigger-an-apartment-bust-57626 The price gap between houses and apartments in many Australian cities is closing as property investors exhibit a significant degree of herding behaviour, according to new research. The research comes amid speculation that Australia is in a housing bubble. Herding behaviour is leading […] - [What the Reserve Bank memo really says about negative gearing](https://accreditedbroker.com.au/what-the-reserve-bank-memo-really-says-about-negative-gearing/): 10th May 2016 | Saul Eslake | The Conversation http://theconversation.com/what-the-reserve-bank-memo-really-says-about-negative-gearing-59169 A memo on the subject of housing taxation from the Reserve Bank of Australia (RBA) is stirring up debate on proposed changes to negative gearing and capital gains tax in the election campaign. The memo, dated December 9 2014, does counter the government’s claim that […] - [Home loans slump to seven-month low in January](https://accreditedbroker.com.au/home-loans-slump-to-seven-month-low-in-january/): 16 March 2016 | AAP Home loan approvals have slumped to a seven-month low in the first month of 2016, during the traditionally slow holiday season. The number of home loans approved in January fell 3.9 per cent, which missed market expectations of a 2.8 per cent fall. But AMP Capital chief economist Shane Oliver […] - [Call to unlock $1 trillion in housing wealth owned by older Australians](https://accreditedbroker.com.au/call-to-unlock-1-trillion-in-housing-wealth-owned-by-older-australians/): 14 March 2016 | Jessica Irvine | SMH It’s been called “nailing granny to the floor”. Many older Australians live lives of relative income poverty because policies discourage them from downsizing and accessing the equity stored in the family home, according to a new report. Changes to the age pension asset test and relief from […] - [The media and Australia's housing market: Are we in a bubble?](https://accreditedbroker.com.au/the-media-and-australias-housing-market-are-we-in-a-bubble/): 9 March 2016 | Brendan McCool | International Business Times Property is one of the most talked about aspects of Australian life, with complaints about how it’s almost impossible for Gen Y-ers to own their own home, to debates over whether there is a housing bubble and whether that bubble may burst soon being some of the most common […] - [Why switching banks to get a better deal is essential for the economy](https://accreditedbroker.com.au/why-switching-banks-to-get-a-better-deal-is-essential-for-the-economy/): 16 February 2016 | Business Think You are more likely to change your wife than your bank, UNSW Business School researcher Rob Nicholls remembers hearing when he was at school. And he finds ample evidence that it remains true today. We shop around for the best deals in most things, but tend to stick with our […] - [The Fallibility of Central Banks](https://accreditedbroker.com.au/the-fallibility-of-central-banks/): http://www.economist.com/blogs/buttonwood/2016/02/economics-and-monetary-policy The Economist| February 5 2016 CENTRAL banks have become the most powerful economic actors on the planet. In part, this is because governments have been so reluctant, since 2009, to use fiscal policy to stimulate their economies. In part, also, it is because the powers of central banks are vast, especially since they have […] - [While the property market is expected to ease a bit in 2016, there are still pockets predicted to perform well](https://accreditedbroker.com.au/while-the-property-market-is-expected-to-ease-a-bit-in-2016-there-are-still-pockets-predicted-to-perform-well/): http://www.couriermail.com.au/realestate/while-the-property-market-is-expected-to-ease-a-bit-in-2016-there-are-still-pockets-predicted-to-perform-well/news-story/8296ddd79cb74270ad4c582f430c09b4 Michelle Hele| Courier Mail| February 2 2016 PROPERTY price growth is predicted to slow down in 2016, but valuers Herron Todd White have revealed in their latest Month in Review that there are some pockets that may continue to perform well this year. SYDNEY “We are predicting the residential property market in Sydney in […] - [Consumers give up on houses and spend on retail](https://accreditedbroker.com.au/consumers-give-up-on-houses-and-spend-on-retail/): The New Daily – 27 January, 2016 By Rod Myer http://thenewdaily.com.au/money/2016/01/27/consumers-give-houses-spend-retail/ Housing finance applications are falling as consumers abandon the property market in favour of spending on cars and household items. Fed up with an overheated housing market, consumers have started buying cheaper things like cars, TVs and fridges instead of overpriced homes, suggests new […] - [Owner Occupiers to Offset Investors](https://accreditedbroker.com.au/owner-occupiers-to-offset-investors/): http://www.thebull.com.au/articles/a/57852-owner-occupiers-to-offset-investors.html AAP| 25 January 2016 First home buyers are expected to help offset a fall in demand from property investors in the next 12 months. ME Bank’s latest Property Buying Intentions report, based on an online survey of about 1,500 Australians, shows a jump in owner occupiers intending to buy a home this year. In […] - [Ferrari and Porsche Feel the Love from Aussie Housing Bonanza](https://accreditedbroker.com.au/ferrari-and-porsche-feel-the-love-from-aussie-housing-bonanza/): MSN Money – 7 Jan, 2016 By Angus Whitley http://www.msn.com/en-au/money/personalfinance/ferrari-and-porsche-feel-the-love-from-aussie-housing-bonanza/ar-AAgsh4a Ferrari sales in Australia soared to a record last year and demand for Porsche sports cars jumped as the country’s property boom encouraged homeowners to splash out. Ferrari NV notched up 167 sales in 2015, a 48 percent increase from the previous year, according to […] - [Investor housing credit slowed in November](https://accreditedbroker.com.au/investor-housing-credit-slowed-in-november/): MSN Money – 31 Dec, 2015 Garry Shilson-Josling, AAP Economist http://www.msn.com/en-au/money/homeandproperty/investor-housing-credit-slowed-in-november/ar-BBo4xp3 Housing credit growth stayed steady in November, but the focus of growth shifted further away from investors and towards home-buyers. The value of housing loans outstanding rose by 0.6 per cent for the third month in a row in November, in line with the […] - [Risk on? Interest rates could stay low for decades](https://accreditedbroker.com.au/risk-on-interest-rates-could-stay-low-for-decades/): The Bull – 21 December, 2015 By Rodney Maddock, Monash University http://www.thebull.com.au/premium/a/57308-risk-on-interest-rates-could-stay-low-for-decades.html When a central bank lifts interest rate targets by 0.5% it expects households and firms to respond. In a crisis, the official target may fall by 3% in order to shock the economy into a positive response. These movements of interest rates by the central […] - [RBA boss happy housing is cooling](https://accreditedbroker.com.au/rba-boss-happy-housing-is-cooling/): MSN – 15 December 2015 By AAP http://www.msn.com/en-au/money/homeandproperty/rba-boss-happy-housing-is-cooling/ar-BBnB8Hl The Reserve Bank governor is relieved that the housing market is showing signs of cooling, especially in Sydney. In an interview with the Australian Financial Review, Glenn Stevens said it was encouraging that home prices growth has slowed in Sydney and Melbourne. “I think it had to […] - [What your property will be worth in three years](https://accreditedbroker.com.au/what-your-property-will-be-worth-in-three-years/): The New Daily – 14 December 2015 By Rod Myer http://thenewdaily.com.au/money/2015/12/14/housing-boom-hit-apartment-building-wave/ The champagne days for house prices in Melbourne and Sydney are over. Here’s what the experts are predicting in your city. Perth property prices are in decline. If you live in Melbourne or Sydney you probably feel you are being swept up in a […] - [Thanks for the Ride 2015. Hellooo 2016!](https://accreditedbroker.com.au/thanks-for-the-ride-2015-hellooo-2016/): 2015 has been an amazing year for brokers.  As the year draws to a close it has a feel that the action is moving to new sectors of the property market. Source: Corelogic RP Data The current growth cycle started around  June 2012, with national dwelling values shifting almost 32 per cent higher. The rate […] - [Investors slapped with increased rates](https://accreditedbroker.com.au/investors-slapped-with-increased-rates/): Smart Property Investment – 23 November, 2015 By Jack Needham http://www.smartpropertyinvestment.com.au/news/14863-investors-slapped-with-increased-rates?utm_source=SPI&utm_campaign=investorsecrets23_11_2015&utm_medium=email Investors and homeowners alike are going to be feeling a little worse off this week, following the introduction of a new round of rate hikes – but is there anything they can do to beat the changes? Although 13 banks enacted increases to their variable rate […] - [Some Sydney and Melbourne property buyers are eyeing a new market](https://accreditedbroker.com.au/some-sydney-and-melbourne-property-buyers-are-eyeing-a-new-market/): Australian Financial Review – 17 November, 2015 By Simon Evans http://www.msn.com/en-au/money/news/some-sydney-and-melbourne-property-buyers-are-eyeing-a-new-market/ar-BBn5DYz Exasperated by the sharp run-up in residential property prices in Sydney and Melbourne, some buyers are turning their sights to the inner ring of suburbs up to 10km from the Adelaide CBD. The sweet spot is the price bracket from $450,000 to $800,000 and […] - [Investor housing demand continues to fall sharply](https://accreditedbroker.com.au/investor-housing-demand-continues-to-fall-sharply/): CoreLogic – 10 November, 2015 Bu Cameron Kusher http://blog.corelogic.com.au/2015/11/investor-housing-demand-continues-to-fall-sharply/ The Australian Bureau of Statistics (ABS) released housing finance data for September 2015 earlier this week. The broad housing finance trends show that demand from the owner occupier segment of lending is falling while demand from investors fades. Of course since late December last year we […] - [Stamp duty reform the solution to ageing in place](https://accreditedbroker.com.au/stamp-duty-reform-the-solution-to-ageing-in-place/): Domain.com – 3 November 2015 By Steven Rowley http://www.domain.com.au/news/stamp-duty-reform-the-solution-to-ageing-in-place-20151102-gkooy5/ Research released by the Australian Population Research Institute on Monday blamed the number of older households ageing in place for the inability of younger families to buy homes with backyards. Families currently have little choice. Either they relocate somewhere further out of the city with a […] - [Winning converts](https://accreditedbroker.com.au/winning-converts/): The Economist – 31 October, 2015 From the print edition http://www.economist.com/news/finance-and-economics/21677218-venerable-form-banking-comes-back-fashion-winning-converts THERE is a proselytising feel to the credit-union movement. Believers talk of a “social mission”: to serve communities, not the false gods of the stockmarket. Today, this creed is winning more converts than ever before. Globally, the number of people in credit unions has doubled […] - [Rise in the months of housing supply](https://accreditedbroker.com.au/rise-in-the-months-of-housing-supply/): CoreLogic – 23 October, 2015. by Cameron Kusher http://www.corelogic.com.au/news/rise-in-the-months-of-housing-supply As the Spring selling season progresses we are seeing a rise in the number of newly listed properties being added to the market, however, we aren’t seeing a commensurate lift in transactions resulting in a rise in the months of housing supply. The months of supply […] - [Westpac Rate Rise Shocker Changes Market](https://accreditedbroker.com.au/westpac-rate-rise-shocker-changes-market/): Westpac’s shock rate-rise announcement has brought the property market to a screeching halt! Or has it? The media is now awash with talk of the other major banks also increasing rates and poring over this weekend’s poor clearance rates (69.3 per cent across the country). Only a fool would argue that the growth we have […] - [Value growth is still all about Sydney & Melbourne](https://accreditedbroker.com.au/value-growth-is-still-all-about-sydney-melbourne/): Corelogic – 12 October 2015 By Cameron Kusher http://www.corelogic.com.au/news/value-growth-is-still-all-about-sydney-melbourne The CoreLogic RP Data Home Value Index results for September 2015 were released last week which showed another strong headline growth figure. The CoreLogic RP Data Home Value Index results for September 2015 were released last week which showed another strong headline growth figure, however, digging […] - [Sydney, Melbourne property markets 'moderating', not in downturn, says UBS](https://accreditedbroker.com.au/sydney-melbourne-property-markets-moderating-not-in-downturn-says-ubs/): Sydney Morning Herald – 28 September 2015 By Mark Mulligan http://www.smh.com.au/business/the-economy/property-market-moderating-not-in-downturn-says-ubs-20150927-gjvy2m.html Softening auction clearance rates and a regulatory crackdown on lending to investors point to a cooling in the hot residential property markets of Sydney and Melbourne. However, a range of experts has been quick to refute the idea that either city’s market is a bubble set to pop, despite […] - [Capital city land prices just keep on rising](https://accreditedbroker.com.au/capital-city-land-prices-just-keep-on-rising/): CoreLogic – 21 September 2015 by Cameron Kusher http://corelogic.com.au/news/capital-city-land-prices-just-keep-on-rising Over the 2014-15 financial year vacant land selling prices have continued to rise across the combined capital cities. Meanwhile, vacant land prices have actually fallen over the year in regional markets. Over the 2014-15 financial year vacant land selling prices have continued to rise across the […] - [Mortgage changes ‘will be constant’, says broker head](https://accreditedbroker.com.au/mortgage-changes-will-be-constant-says-broker-head/): Sept 09, 2015 | James Mitchell| The Adviser http://www.theadviser.com.au/breaking-news/32975-mortgage-changes-will-be-constant-says-broker-head The general manager of mortgage broking at one of Australia’s largest banks has cautioned brokers to prepare for ongoing regulatory changes. Addressing brokers at the St.George Bank Flame Forum 2015 in Melbourne on Monday, St.George general manager, mortgage broking, Clive Kirkpatrick, said that with the changing […] - [Has growth in investor housing credit reached its apex?](https://accreditedbroker.com.au/has-growth-in-investor-housing-credit-reached-its-apex/): Sept 07, 2015 | Cameron Kusher | Corelogic Blog http://www.corelogic.com.au/news/has-growth-in-investor-housing-credit-reached-its-apex Since the Australian Prudential Regulation Authority (APRA) wrote to Australian authorised deposit-taking institutions last year spelling out sound mortgage lending guidelines, there has been lots of attention on the pace of lending for residential housing investment. The guidelines highlighted a limit on annual investment credit […] - [Interest rates on hold but economists tip cut for Melbourne Cup Day](https://accreditedbroker.com.au/interest-rates-on-hold-but-economists-tip-cut-for-melbourne-cup-day/): Sept 01, 2015 | Kirsten Robb | Domain http://www.domain.com.au/news/interest-rates-on-hold-but-economists-tip-cut-for-melbourne-cup-day-20150901-gjca4k/ The official interest rate remained on hold at 2 per cent on Tuesday but economists say the Reserve Bank of Australia may be forced to cut rates by November, making Melbourne Cup day a winner for mortgagees and spring buyers. The move to keep rates steady was widely expected, […] - [The five great myths about the Sydney housing market](https://accreditedbroker.com.au/the-five-great-myths-about-the-sydney-housing-market/): Domain.com.au – 31 August, 2015 By Peter Phibbs and Nicole Gurran http://www.domain.com.au/news/the-five-great-myths-about-the-sydney-housing-market-20150831-gjap1c/  With home ownership a fading dream for an increasing number of Australians, it’s time to bust some myths about the housing market. Here are the top five by urban and regional planning and policy experts at the University of Sydney, Professor Peter Phibbs and […] - [Low and no interest loans offered to low income earners in Adelaide's north](https://accreditedbroker.com.au/low-and-no-interest-loans-offered-to-low-income-earners-in-adelaides-north/): ABC Business – 13 August, 2015 http://www.msn.com/en-au/money/news/low-and-no-interest-loans-offered-to-low-income-earners-in-adelaides-north/ar-BBlIJwL An organisation offering low and no interest loans to low income earners has opened its doors in Adelaide’s northern suburbs. The Good Money store has been operating in Salisbury for about two weeks, and will be officially launched today. It will provide no-interest loans of up to $1,200 […] - [Setting interest rates according to a fixed formula is a bad idea](https://accreditedbroker.com.au/setting-interest-rates-according-to-a-fixed-formula-is-a-bad-idea/): The Economist – 8 August, 2015 http://www.economist.com/news/finance-and-economics/21660598-setting-interest-rates-according-fixed-formula-bad-idea-rule-it-out SHOULD experts in the public service follow rules, or rely on their own judgment? The answer is crucial for many areas of public policy, including criminal sentencing, immigration and education. It is also of pivotal importance to monetary policy. Central bankers usually have discretion over how to use interest […] - [Reserve Bank dismisses fears of property investor 'firesale'](https://accreditedbroker.com.au/reserve-bank-dismisses-fears-of-property-investor-firesale/): ABC News – Thursday 6 August, 2015 By Michale Janda http://www.abc.net.au/news/2015-08-06/reserve-bank-dismisses-fears-of-property-firesale/6678582 A senior Reserve Bank official has warned property investors to expect slower home price growth and occasional price falls, but does not expect them to flee the market en masse. Testifying before the House of Representatives Economics Committee inquiry into home ownership, the RBA’s […] - [Australians less likely to survive home ownership than Britons](https://accreditedbroker.com.au/australians-less-likely-to-survive-home-ownership-than-britons/): The Conversation – 3 August, 2015 By Gavin Wood, Melek Cigdem-Bayram, Rachel Ong and Susan Smith http://theconversation.com/australians-less-likely-to-survive-home-ownership-than-britons-45363 Between 2001 and 2010 roughly 1.7 million Australians dropped out of home ownership and shifted back to renting. More than one-third did not return by 2010. These statistics, from the Household, Income and Labour Dynamics in Australia (HILDA) survey, reflect increasingly […] - [House price crisis in Vancouver shares parallels with Sydney, says Generation Squeeze organiser](https://accreditedbroker.com.au/house-price-crisis-in-vancouver-shares-parallels-with-sydney-says-generation-squeeze-organiser/): ABC News – 14 July, 2015 By Bill Birtles http://www.abc.net.au/news/2015-07-14/house-price-crisis-in-vancouver-shares-parallels-to-sydney/6619418 A grassroots movement tackling a housing affordability crisis in Vancouver has drawn comparisons with the housing situation in Sydney. The average price of a freestanding home in Sydney is now closing in on $900,000 – the highest in Australia. But that is relatively cheap compared […] - [Where to from here for housing credit?](https://accreditedbroker.com.au/where-to-from-here-for-housing-credit/): CoreLogic – 13 July, 2015 By Cameron Kusher, CoreLogic RP Data senior research analyst. http://www.corelogic.com.au/news/where-to-from-here-for-housing-credit The annual rate of growth in housing credit has started to stall over recent months and with the banks tightening their lending criteria where will it go from here? The Reserve Bank (RBA) publishes data on private sector credit each […] - [Non bank lenders back in fashion](https://accreditedbroker.com.au/non-bank-lenders-back-in-fashion/): By Doug Daniell Due to changes by the Australian Prudential Regulatory Authority (APRA)which restrict deposit-taking lenders’ investment lending, non-bank funding has again come into its own.  This will have a profound effect on how brokers do business. Back in the mid ‘90’s, when non-bank lenders first became mainstream lenders in Australia, they had a price […] - [Home loan slide an early sign that APRA limits may be working](https://accreditedbroker.com.au/home-loan-slide-an-early-sign-that-apra-limits-may-be-working/): ABC News – 10 July, 2015 By Michael Janda http://www.abc.net.au/news/2015-07-10/home-loan-slide-an-early-sign-that-apra-limits-working/6610374?section=business The latest official figures reveal the biggest monthly fall in home lending since 2009 in an early sign that measures to tighten loan standards might be working. The Bureau of Statistics housing finance data for May show a 4.4 per cent fall in the total […] - [Sydney’s secret sales: one in 10 homes are never listed](https://accreditedbroker.com.au/sydneys-secret-sales-one-in-10-homes-are-never-listed/): News.com.au – 22 June 2015 http://www.news.com.au/finance/real-estate/sydneys-secret-sales-one-in-10-homes-are-never-listed/story-fnd91nhy-1227409417428 IT’S not just high prices keeping crowds of homebuyers out of the property market — many of Sydney’s best homes are being made available only to investors and foreign buyers. Market analysts have estimated that one in 10 of about 90,000 homes sold in the past year were off-market […] - [The meteoric rise of stamp duty explained](https://accreditedbroker.com.au/the-meteoric-rise-of-stamp-duty-explained/): The New Daily – 15 June, 2015 By James Fernyhough http://thenewdaily.com.au/money/2015/06/15/meteoric-rise-stamp-duty-explained/ Property tax may have gone completely nuts, but the Property Council’s solution is even nuttier. On Monday, the Property Council of Australia released some figures that, on the face of it, were pretty shocking. Over the past 20 years, they found that stamp duty […] - [Property price crash more likely in Melbourne than Sydney, experts](https://accreditedbroker.com.au/property-price-crash-more-likely-in-melbourne-than-sydney-experts/): Domain.com.au – 13 June, 2015 By Jennifer Duke http://news.domain.com.au/domain/real-estate-news/property-price-crash-more-likely-in-melbourne-than-sydney-experts-20150613-ghm8xr.html?rand=1434159332835 Both Sydney and Melbourne have experienced significant price growth in the past 18 months, but one city is more at risk of a bust, experts say. The bulging oversupply of apartments in Melbourne leaves the southern capital more vulnerable to a price correction, according to Wakelin […] - [It's not Hockey's job comment that should worry us most](https://accreditedbroker.com.au/its-not-hockeys-job-comment-that-should-worry-us-most/): ABC, The Drum – 10 June, 2015 By Michael Janda http://www.abc.net.au/news/2015-06-10/janda-its-not-hockeys-job-comment-that-should-worry-us/6535484 Joe Hockey’s comment on “getting a good job” may have caused the biggest stir, but it’s his follow-up comments that we should be talking about, writes Michael Janda. The Treasurer has been slammed for being out of touch with the “average Joe” for his […] - [Tax office property probe: snitching neighbours dob in foreign investors](https://accreditedbroker.com.au/tax-office-property-probe-snitching-neighbours-dob-in-foreign-investors/): Domain.com.au – 9 June, 2015 By Lucy Macken and John Garnaut http://m.news.domain.com.au/domain/real-estate-news/tax-office-property-probe-snitching-neighbours-dob-in-foreign-investors-20150608-ghj6k9.html Tax investigators have tracked down dozens of foreigners who have sidestepped investment laws to buy real estate in Australia, with one foreign investor being allegedly caught with 10 properties. Treasurer Joe Hockey announced early results of a new Australian Tax Office probe on Tuesday […] - [APRA says everything is fine in housing market, but look at credit cards](https://accreditedbroker.com.au/apra-says-everything-is-fine-in-housing-market-but-look-at-credit-cards/): The Sydney Morning Herald, 4 June, 2015 By Gareth Hutchens http://www.smh.com.au/business/banking-and-finance/apra-says-everything-is-fine-in-housing-market-but-look-at-credit-cards-20150603-ghfw5v.html Australia’s financial regulator says it is not too worried about Sydney and Melbourne’s property markets, despite serious concerns from Treasury and the Reserve Bank about a housing bubble. But it agrees there ought to be closer scrutiny of the interest rates banks are charging […] - [RBA's monetary policy can't be set to suit Sydneysiders](https://accreditedbroker.com.au/rbas-monetary-policy-cant-be-set-to-suit-sydneysiders/): The Sydney Morning Herald – 2 June, 2015 By Michael Pascoe http://www.smh.com.au/business/the-economy/rbas-monetary-policy-cant-be-set-to-suit-sydneysiders-20150602-ghf2az.html Did you see what wasn’t in the Reserve Bank governor’s brief statement? An explicit easing bias. In the carefully measured lexicon of central banker announcements, that matters. Last month’s meeting was an easing announcement. The month before that, “it was appropriate to hold […] - [Sydney's skyrocketing house prices are worrying, but Chinese buyers aren't to blame](https://accreditedbroker.com.au/sydneys-skyrocketing-house-prices-are-worrying-but-chinese-buyers-arent-to-blame/): The Sydney Morning Herald – 29 May, 2015 By James Laurenceson http://www.smh.com.au/comment/sydneys-skyrocketing-house-prices-are-worrying-but-chinese-buyers-arent-to-blame-20150529-ghcgjt.html Sydneysiders have good reason to be upset by sky-rocketing house prices. The Australian Bureau of Statistics says that the cost of entering an already expensive market has jumped a further 30 per cent since the end of 2012. Blame the Chinese. That’s what a […] - [Reserve Bank steps up its language on housing market risk](https://accreditedbroker.com.au/reserve-bank-steps-up-its-language-on-housing-market-risk/): ABC News – 19 May, 2015 By Simon Frazer http://www.abc.net.au/news/2015-05-19/reserve-bank-steps-up-its-language-on-housing-market-risk/6480986?section=business The Reserve Bank has stepped up its language on the risks posed by rising property prices, but still insists there is scope for another interest rate cut. This morning the RBA released the minutes from its board meeting earlier this month, where the official interest […] - [Mortgage Brokers - Lift Your Game](https://accreditedbroker.com.au/mortgage-brokers-lift-your-game/): Brokers and lenders are in the crosshairs – now is the time to ensure that your professional standards are top-notch. Heightened competition among home lenders has prompted the Australian Prudential Regulatory Authority (APRA) to issue a reminder of what constitutes prudent lending and it has opined that loans generated by mortgage brokers may be riskier […] - [RBA Researcher Warns on Lending Standards](https://accreditedbroker.com.au/rba-researcher-warns-on-lending-standards/): The Bull.com.au – 11 May 2015 http://www.thebull.com.au/articles/a/53880-rba-researcher-warns-on-lending-standards.html By AAP Future economic shocks may hit households harder than in past financial tremors, according to a Reserve Bank paper. Credit losses suffered by Australian banks during recessions and economic crises stemmed from slack lending standards to businesses. But the RBA discussion paper warns that high household debt […] - [Plenty of Room for Improvement for Brokers](https://accreditedbroker.com.au/plenty-of-room-for-improvement-for-brokers/): Choice.com.au – 6 May, 2015 https://www.choice.com.au/money/property/buying/articles/mortgage-broker-shadow-shop By Uta Mihm You’d think a mortgage broker would hunt down the most appropriate home loan deal possible for you when lining up finance for the biggest purchase of your life. After all, isn’t that what they’re paid to do? While many brokers do exactly that, the law only requires […] - [Rates and housing risk: beware outsourcing policy to regulators](https://accreditedbroker.com.au/rates-and-housing-risk-beware-outsourcing-policy-to-regulators/): The Conversation.com – 5 May, 2015 By Pat McConnell http://theconversation.com/rates-and-housing-risk-beware-outsourcing-policy-to-regulators-41188 The Reserve Bank of Australia would dearly love to be like Dr Doolittle’s amazing pushmi-pullyu, able to face both directions at once. Cutting interest rates to encourage economic activity (and a lower dollar), but at the same time raising rates to dampen the superheated Sydney […] - [Renovation spending to fall before a rise](https://accreditedbroker.com.au/renovation-spending-to-fall-before-a-rise/): The Bull.com.au – 23 April, 2015. By AAP http://www.thebull.com.au/articles/a/53635-renovation-spending-to-fall-before-a-rise.html The home renovation market should enjoy a modest recovery over the next few years, but that will follow another decline in 2015, the Housing Industry Association says. New home building hit record levels in 2014 but the renovations market continued to struggle, HIA senior economist Shane […] - [Housing shortage not as certain as we think](https://accreditedbroker.com.au/housing-shortage-not-as-certain-as-we-think/): ABC News – 16 April, 2015 By Michael Janda http://www.abc.net.au/news/2015-04-15/housing-shortage-not-as-certain-as-we-think/6395326 The Australian housing shortage is a gospel truth for everyone from Treasury and Reserve Bank policymakers down to your average Joe chatting with mates at a weekend barbeque. It is one of the rare areas where analysts with vested interests (such as those employed by […] - [Is lending to investors finally starting to slow?](https://accreditedbroker.com.au/is-lending-to-investors-finally-starting-to-slow/): Corelogic.com.au –  April 10, 2015 By Cameron Kusher http://blog.corelogic.com.au/2015/04/is-lending-to-investors-finally-starting-to-slow/ The Australian Bureau of Statistics (ABS) released housing finance data for February 2015 earlier today. The results suggested to me that perhaps; after many warnings, the exuberance from the investor segment of the market is starting to slow. Keep in mind that investor borrowing remains at near record […] - [Australia is in one of the worst housing bubbles we have ever seen](https://accreditedbroker.com.au/australia-is-in-one-of-the-worst-housing-bubbles-we-have-ever-seen/): Domain.com.au – 27 March, 2015 By Lindsay David http://news.domain.com.au/domain/real-estate-news/australia-is-in-one-of-the-worst-housing-bubbles-we-have-ever-seen-20150327-1m8vao.html By all accounts, Australia is experiencing what is one of the greatest credit-fuelled real estate bubbles in modern times. On the back of a collapsing mining sector, we can thank the RBA, APRA, ASIC and the political elite in Canberra for creating a flawed household wealth-creation strategy […] - [Banking regulator APRA says individual banks targeted in crackdown on investor loans](https://accreditedbroker.com.au/banking-regulator-apra-says-individual-banks-targeted-in-crackdown-on-investor-loans/): ABC News – 21 March, 2015 By Sue Lannin http://www.abc.net.au/news/2015-03-20/apra-says-individual-banks-targeted-in-investor-loan-crackdown/6337208? Australia’s banking regulator says its new 10 per cent limit on annual growth in property investor loans is a trigger, not a cap. Australian Prudential Regulation Authority (APRA) chairman Wayne Byres made the statement while answering questions before a federal parliamentary committee on Friday. Late […] - [Deep Mortgage Discounts To Be Had](https://accreditedbroker.com.au/deep-mortgage-discounts-to-be-had/): Digital Finance Analytics – 20 March, 2015 Martin North http://www.digitalfinanceanalytics.com/blog/deep-mortgage-discounts-to-be-had/ We have updated our survey models, and we note that since January banks have been discounting their mortgage dealss in an attempt to gain relative share. The average discount is more than 100 basis points off the standard advertised rate. So households should be negotiating hard […] - [Huge property profits don't always add up](https://accreditedbroker.com.au/huge-property-profits-dont-always-add-up/): The Sydney Morning Herald – 20 march, 2015 By Scott Phillips http://www.smh.com.au/money/investing/huge-property-profits-dont-always-add-up-20150320-1m3ljy.html The gains look impressive … but are they, really? If there was a “Captain Obvious” award for stating the bleeding self-evident it would be given to anyone who mentioned that Australians are just a little bit property-obsessed. So it’s no wonder that property-related […] - [Are baby boomers overheating the property market?](https://accreditedbroker.com.au/are-baby-boomers-overheating-the-property-market/): The New Daily – Mar 19, 2015 By Johanna Leggatt http://thenewdaily.com.au/money/2015/03/19/landlords-really-overheating-property-market/ Baby boomer landlords have been blamed for squeezing younger buyers out of the market. We test this claim. Negative gearing: it’s a complicated and bizarre-sounding name for a relatively simple idea. If you own an investment property, and the cost of the mortgage interest and […] - [The interest rate mantra has hit a wall](https://accreditedbroker.com.au/the-interest-rate-mantra-has-hit-a-wall/): ABC.net.au – 11 March 2015 By Greg Jericho http://www.abc.net.au/news/2015-03-11/jericho-the-interest-rate-mantra-has-hit-a-wall/6300346 The RBA has revealed low interest rates aren’t having the impact they used to, and yet the Government isn’t willing to push the fiscal stimulus accelerator. This should make for an interesting May budget, writes Greg Jericho. For more than a decade now we have had the […] - [A dummies’ guide to buying an investment property](https://accreditedbroker.com.au/a-dummies-guide-to-buying-an-investment-property/): The New Daily.com.au – 10 March, 2015 By Susannah Guthrie, Life Editor http://thenewdaily.com.au/life/2015/03/10/dummies-guide-buying-investment-property/ Not sure where to start? Experts share their tips for first-time property investors. When it comes to purchasing an investment rental property it pays to do your homework, according to industry experts. They say there is more to it than simply purchasing […] - [RBA banks on real estate lending restrictions](https://accreditedbroker.com.au/rba-banks-on-real-estate-lending-restrictions/): The Australian Financial Review – 5 March, 2015 by Jacob Greber With Nassim Khadem http://www.afr.com/p/national/economy/rba_banks_on_real_estate_lending_WO7kU2YRHeHi1CzAWSYGsJ The official crackdown on Sydney property lending and new curbs on illegal foreign housing investment have boosted the Reserve Bank of Australia’s scope for future interest rate cuts. Reserve Bank board member, John Edwards said that the economy is too weak […] - [The dumbest bubble in history](https://accreditedbroker.com.au/the-dumbest-bubble-in-history/): MacroBusiness.com.au – 3 March, 2015. http://www.macrobusiness.com.au/2015/03/dumbest-bubble-history/? With warnings suddenly flying thick and fast, the history of bubbles has never seen the likes of what is unfolding in Australian property now. Some bubbles have sprung from unlikely sources such as tulips. Others have inflated around bright ideas that held little reality such as the South Sea […] - [Housing boom bad news for borrowers](https://accreditedbroker.com.au/housing-boom-bad-news-for-borrowers/): TheBull.com.au – 3 march, 2015 By AAP http://www.thebull.com.au/articles/a/52607-housing-boom-bad-news-for-borrowers.html Record home construction over the next 12 months should give the economy a much-needed boost, but could also put the brakes on more interest rate cuts. Approvals for the construction of new homes rose 7.9 per cent in January, beating market expectations, and were up 9.1 per […] - [Are We Back to the Bad Old Days?](https://accreditedbroker.com.au/are-we-back-to-the-bad-old-days/): Is there a housing bubble and are banks’ lax lending policies contributing to it? We have all heard the Reserve Bank (RBA) and the Australian Prudential Regulation Authority (APRA) expressing concern about speculative property investment.  In December APRA raised concerns about annual growth in investor loan books above 10 per cent. According to data just […] - [$40.1 Billion (43.0 per cent) Interest-only Loans Written In 4Q 2014](https://accreditedbroker.com.au/40-1-billion-43-0-per-cent-interest-only-loans-written-in-4q-2014/): Digital Finance Analytics – 24 February, 2015 By Martin North http://www.digitalfinanceanalytics.com/blog/40-1-billion-43-0-per-cent-interest-only-loans-written-in-4q-2014/ APRA released their quarterly Property Exposure data to December 2014 today. We see continued strong growth in interest only loans. From DFA research we know these are mostly investment loans, despite the fact that APRA does not split out loan characteristics by investment and owner […] - [No need for panic - the economy isn't all that bad](https://accreditedbroker.com.au/no-need-for-panic-the-economy-isnt-all-that-bad/): The Sydney Morning Herald – 18 February, 2015 By David Potts http://www.smh.com.au/money/planning/no-need-for-panic–the-economy-isnt-all-that-bad-20150217-13d2hq.html We might be selling ourselves short. While nothing flash, the economy isn’t doing too badly, all things considered. What’s missing in action is confidence, for what had seemed good reason. There’s no mistaking that collapsing commodity prices, especially iron ore and coal, amount […] - [You can't blame foreigners for high house prices](https://accreditedbroker.com.au/you-cant-blame-foreigners-for-high-house-prices/): ABC.net.au, The Drum – 17 February, 2015 By Chris Berg http://www.abc.net.au/news/2015-02-17/berg-you-cant-blame-foreigners-for-high-house-prices/6125500 Of all the reasons advanced for Australia’s high house prices, blaming foreign investors is among the weakest. So why has the Government set up a taskforce to hunt them down? Chris Berg writes. On Friday Daily Telegraph readers learnt an “elite audit and compliance […] - [How making the big banks safer could cost you money](https://accreditedbroker.com.au/how-making-the-big-banks-safer-could-cost-you-money/): The New Daily.com.au – 16 February, 2015 By George Lekakis http://thenewdaily.com.au/money/2015/02/16/new-bank-rules-wipe-gloss-rate-cuts/ Consumers will be the big losers if the major banks fail to pass on the full value of future rate cuts following the introduction of new lending rules. Home borrowers drooling over record low interest rates should brace themselves for a hit that could […] - [Free exchange: As safe as houses](https://accreditedbroker.com.au/free-exchange-as-safe-as-houses/): The Economist – 31 January, 2015 http://www.economist.com/news/finance-and-economics/21641206-banks-have-been-boosting-mortgage-lending-decades-expense-corporate Banks have been boosting mortgage lending for decades, at the expense of corporate loans BANKS may be frail and dangerous things, but most economists see them as essential to growth. According to the centuries-old circular-flow model, which tries to explain how money moves between firms and households, it […] - [Why the Case Is Building for Stevens to Relent on RBA Rate Cut](https://accreditedbroker.com.au/why-the-case-is-building-for-stevens-to-relent-on-rba-rate-cut/): Bloomberg.com – 22 january, 2015 By Iain McDonald http://www.bloomberg.com/news/2015-01-21/why-the-case-is-building-for-stevens-to-relent-on-rba-rate-cut.html Australia’s central bank has kept its benchmark interest rate at a record low for 17 months — thelongest period on hold in almost two decades — as the economy has gone from mining investment boom to bust. A growing group of economists say it’s time to […] - [Rental data shows "chronic housing shortage" is real estate's biggest lie: Terry Ryder](https://accreditedbroker.com.au/rental-data-shows-chronic-housing-shortage-is-real-estates-biggest-lie-terry-ryder/): Property Observer.com.au – 19 January 2015 By Terry Ryder http://www.propertyobserver.com.au/forward-planning/advice-and-hot-topics/39452-corelogic-and-domain-city-rental-data-shows-no-housing-shortage-terry-ryder.html Residential rents around Australia stubbornly refuse to budge. Two sets of figures record the absence of meaningful rental growth in our capital cities in the past year. One of the property magazines managed to concoct a “Rental growth at record levels” headline out of the […] - [Housing market predicted to slow further in 2015](https://accreditedbroker.com.au/housing-market-predicted-to-slow-further-in-2015/): The Sydney Morning Herald – 15 January, 2015 By Lisa Visentin http://www.smh.com.au/business/housing-market-predicted-to-slow-further-in-2015-20150115-12qrl9.html Australia is at the forefront of slowing growth in the housing sector across the Asia Pacific region, with the growth in house prices to slump further in 2015, according to the latest forecasts of a global rating agency. Although Australia’s housing market is […] - [ANZ tips interest rate cuts for 2015](https://accreditedbroker.com.au/anz-tips-interest-rate-cuts-for-2015/): The Bull.com.au – 15 January, 2015 By AAP http://www.thebull.com.au/articles/a/51406-anz-tips-interest-rate-cuts-for-2015.html ANZ is tipping the Reserve Bank will cut its cash rate twice in the first six months of 2015, even after a surprise drop in the jobless rate. The big bank’s forecast is a reversal of its previous prediction of rate hikes in November and December […] - [Where Should Your Clients Invest in 2015?](https://accreditedbroker.com.au/where-should-your-clients-invest-in-2015/): “In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets” – Wikipedia 2014 has been a strong year for the property market and we have entered 2015 with some substantial momentum.  According to RP Data dwelling values are 8.5 per cent higher compared with a year ago across […] - [Decluttering tips to help you sell](https://accreditedbroker.com.au/decluttering-tips-to-help-you-sell/): RealEstate.com.au – 8 Dec 2014. http://www.realestate.com.au/blog/decluttering-tips-help-sell/?pid=house:ed:blog:wdadv By Vanessa Paech If you’re intending to sell your home this year you’ll want to invest some time into decluttering – mess and chaos is one the top turn offs for buyers. We accumulate a lot of things moving through life. Many outlive their usefulness (and if we’re being […] - [Experts change their forecast to predict a cash rate drop next year](https://accreditedbroker.com.au/experts-change-their-forecast-to-predict-a-cash-rate-drop-next-year/): Finder.com.au – 6 December, 2014. Michelle Hutchison http://www.finder.com.au/press-release-experts-change-their-forecast-to-predict-a-cash-rate-drop-next-year December 6, 2014, Sydney – Australia’s biggest Reserve Bank Survey by finder.com.au shows eight experts are now forecasting a possible cash rate drop next year – five of which have changed their predictions from last week. The finder.com.au Reserve Bank Survey reveals the five experts who have […] - [At home with technology](https://accreditedbroker.com.au/at-home-with-technology/): The Economist.com – 29 November, 2014 http://www.economist.com/news/business/21635019-internet-hasnt-wiped-out-estate-agents-some-online-firms-are-still-trying-home The internet hasn’t wiped out estate agents. But some online firms are still trying STEP into an estate agency in small-town America and it is as if the internet had never been invented. Prospective buyers pop by in person to pore over printed floor-plans; fax machines cough up […] - [Market set to tip in favour of buyers: November state of the market analysis](https://accreditedbroker.com.au/market-set-to-tip-in-favour-of-buyers-november-state-of-the-market-analysis/): Property Observer – 27 November, 2014 By Arek Drozda http://www.propertyobserver.com.au/forward-planning/investment-strategy/market-trends/38379-market-set-to-tip-in-favour-of-buyers-november-state-of-the-market-analysis.html? GUEST OBSERVATION Market outlook: unchanged – neutral with negative bias Attractiveness of renting as a preferred accommodation option continues (as at December 2014). Purchase affordability is still very high but declining (as at December 2014). Confidence in the economy is low but conditions are not […] - [New rules on foreign investment 'absurd'](https://accreditedbroker.com.au/new-rules-on-foreign-investment-absurd/): The Bull.com.au – 27 November, 2014 By AAP http://www.thebull.com.au/articles/a/50522-new-rules-on-foreign-investment-‘absurd’.html Recommendations to tighten rules around foreign investment in Australian housing have been labelled “absurd”, with a prominent economist saying they could damage the economy by weakening the housing and construction sectors. Stephen Koukoulas, managing director at Market Economics and a former economic adviser to prime minister […] - [Home truths: high prices are here to stay](https://accreditedbroker.com.au/home-truths-high-prices-are-here-to-stay/): The Sydney Morning Herald – 26 November, 2014 By Ross Gittins http://www.smh.com.au/comment/home-truths-high-prices-are-here-to-stay-20141125-11t753.html Why are house prices so extraordinarily high? Short answer: because Australians have an unusual relationship with their homes. The reasons for that strange relationship aren’t new, but until now they haven’t been well understood. And among foreigners they still aren’t. House prices in cities […] - [Housing bubble debate: Dwelling shortage may not be as bad as believed](https://accreditedbroker.com.au/housing-bubble-debate-dwelling-shortage-may-not-be-as-bad-as-believed/): ABC News – 6 November, 2014 By Michael Janda http://www.abc.net.au/news/2014-11-04/housing-bubble-debate-dwelling-shortage-not-as-bad-as-believed/5864714 The long running Australian housing bubble debate has heated up this year, as prices in the nation’s two key markets jump and housing investment debt grows at its fastest rate since before the financial crisis. Those who believe there is, or may be, a bubble […] - [Worst is yet to come: Goldman Sachs](https://accreditedbroker.com.au/worst-is-yet-to-come-goldman-sachs/): The Sydney Morning Herald – 27 October, 2014. Bloomberg http://www.smh.com.au/business/markets/worst-is-yet-to-come-goldman-sachs-20141027-11chrc.html For Goldman Sachs, the worst is ahead for Australia and housing-bubble concerns will fade as the focus shifts to slowing jobs growth and inflation. The only hurdle keeping the Reserve Bank of Australia from adopting an “easing bias” is a property boom, as mining investment […] - [APRA warns bank lending standards are being stretched](https://accreditedbroker.com.au/apra-warns-bank-lending-standards-are-being-stretched/): The Sydney Morning Herald – 23 October 2014 By Gareth Hutchens, James Eyers and Misa Han http://www.smh.com.au/business/apra-warns-bank-lending-standards-are-being-stretched-20141022-119z8r.html Australia’s financial regulator has completed a “comprehensive” stress test of the biggest banks and believes lending standards are being stretched because major banks are competing aggressively on home loans. Wayne Byres, the new chairman of the Australian Prudential […] - [86% of Investors to Secure Next Loan Through a Broker](https://accreditedbroker.com.au/86-of-investors-to-secure-next-loan-through-a-broker/): The Adviser| 25 September 2018 https://www.theadviser.com.au/breaking-news/38291-86-of-investors-to-secure-next-loan-through-a-broker An increasing number of property investors are looking to secure their next loan through a mortgage broker as they seek alternative finance solutions amid tighter lending policies. According to a survey of 820 property investors from the Property Investment Professionals of Australia (PIPA), 86 per cent of property investors […] - [Property Experts Slam 60 Minutes Housing Crash Scaremongering](https://accreditedbroker.com.au/property-experts-slam-60-minutes-housing-crash-scaremongering/): Isabelle Lane| The New Daily| 17 September https://thenewdaily.com.au/money/property/2018/09/17/housing-crash-60-minutes/ A television report alleging Australian home prices could crash by as much as 40 per cent in the next year has been slammed by property experts. Titled “Bricks and Slaughter”, the 60 Minutes report by journalist Tom Steinfort focused on a “nightmare” scenario outlined by Digital Finance Analytics principal Martin North. It predicted “two-fifths of your home’s […] - [Brokers should ready their business for CCR](https://accreditedbroker.com.au/brokers-should-ready-their-business-for-ccr/): Peter Beaumont| The Adviser| 25 September 2018 https://www.theadviser.com.au/blogs/38294-brokers-should-ready-their-business-for-ccr Brokers are being urged to review important business processes ahead of a new credit reporting framework coming into effect later this week. Comprehensive Credit Reporting (CCR) begins on Friday, 28 September, when the country’s largest banks will begin sharing customer repayment histories with other lenders. As part […] - [Migrants are still buying into the dream of home ownership, but it’s becoming more elusive](https://accreditedbroker.com.au/migrants-are-still-buying-into-the-dream-of-home-ownership-but-its-becoming-more-elusive/): Brendan Coates| The Conversation| 24 July 2018 https://theconversation.com/migrants-are-still-buying-into-the-dream-of-home-ownership-but-its-becoming-more-elusive-100246 Recent Australian migrants are buying into the Great Australian Dream of home ownership. But rates of home ownership among recent migrants are falling, as they are among all Australians. Unless we build enough housing to match Australia’s growing population, all Australians, including migrants, will pay the price. […] - [Thousands of Australians forced into rental stress: report highlights income disparity](https://accreditedbroker.com.au/thousands-of-australians-forced-into-rental-stress-report-highlights-income-disparity/): Melissa Heagney| Domain| 21 August 2018 https://www.domain.com.au/news/thousands-of-australians-forced-into-rental-stress-report-highlights-income-disparity-20180821-h147ad-759186/ Renters living in the inner-suburbs of Melbourne, Sydney or Brisbane are spending nearly half of their wages on rent – so much that renting is becoming as unaffordable as buying, according to a new report released on Tuesday. Many other Melburnians, Sydneysiders and Brisbanites are spending over 30 per cent of an […] - [Baby boomers are moving back in with their grown-up kids](https://accreditedbroker.com.au/baby-boomers-are-moving-back-in-with-their-grown-up-kids/): Charlotte Hamlyn| The New Daily| 19 August 2018 https://thenewdaily.com.au/money/property/2018/08/19/baby-boomers-moving-back-grown-kids/ In a tough housing market, more and more young people are opting to stay living at home for longer. But there is another growing trend — baby boomers moving back in with their adult kids. And it is by choice. Research suggests about one in five […] - [What ‘out of cycle’ rate hikes mean for you](https://accreditedbroker.com.au/what-out-of-cycle-rate-hikes-mean-for-you/): Isabelle Lane| The New Daily| 7 August 2018 https://thenewdaily.com.au/money/property/2018/08/07/out-of-cycle-rate-hikes-predicted/ The big four banks are expected to raise mortgage rates despite the Reserve Bank decision to keep the official cash rate steady. The RBA announced on Tuesday the official interest rate would remain on hold at 1.5 per cent. The decision continues a record-breaking streak of official interest rate stability, marking two years […] - [Why the smaller banks will do you a better mortgage deal](https://accreditedbroker.com.au/why-the-smaller-banks-will-do-you-a-better-mortgage-deal/): Rod Myer| The New Daily| 27 July 2018 https://thenewdaily.com.au/money/finance-news/2018/07/27/smaller-banks-mortgages/ If you’re in the market for a home mortgage you’re likely to get a better deal from the small banks, according to research from Moodys Investors Services. Moodys has found that small and medium-sized banks have better deals on offer than the big four which hold […] - [Parking glut may be inflating apartment prices](https://accreditedbroker.com.au/parking-glut-may-be-inflating-apartment-prices/): Isabelle Lane| The New Daily| 17 July 2018 https://thenewdaily.com.au/money/property/2018/07/17/carpark-glut-city-apartments/ A glut of parking spaces may be unnecessarily pushing up the cost of inner-city apartments, a property expert has warned. “Over half the residents of inner Melbourne do not own cars, and many people are paying for a space that they do not want or need,” said […] - [Introducing CCR: Lending Behaviour](https://accreditedbroker.com.au/introducing-ccr-lending-behaviour/): Rebecca Pike| Australian Broker| 20 August 2018 https://www.brokernews.com.au/news/breaking-news/introducing-ccr-lending-behaviour-253836.aspx The head of a credit reporting facility has said brokers will need to be aware of lenders’ new risk appetite, including risk-based pricing, after comprehensive credit reporting (CCR) is introduced. The way lenders report borrowers’ credit information is changing and the major banks now have until the […] - [Fintechs fill the void left by commission](https://accreditedbroker.com.au/fintechs-fill-the-void-left-by-commission/): Rebecca Pike| Australian Broker| 16 August 2018 https://www.brokernews.com.au/news/breaking-news/fintechs-fill-the-void-left-by-commission-253731.aspx intechs are filling the gap in SME lending as the big four banks concentrate on the fallout from the royal commission, according to one online lender. The fintech commercial lending space opened up in around 2013 and since then has reported an annual growth rate of around […] - [Tightening of credit ‘not an overreaction’: RBA](https://accreditedbroker.com.au/tightening-of-credit-not-an-overreaction-rba/): Annie Kane| The Adviser| 17 August 2018 https://www.theadviser.com.au/breaking-news/38145-tightening-of-credit-not-an-overreaction-rba The governor of the Reserve Bank of Australia has conceded that the royal commission has affected the supply of credit, but added that he does not think the lenders’ tightening of policy has been an “overreaction”. Speaking at the House of Representatives Standing Committee on Economics on […] - [How property investors can cash in on the first-time home buyer surge](https://accreditedbroker.com.au/how-property-investors-can-cash-in-on-the-first-time-home-buyer-surge/): Richard Wakelin| Australian Financial Review| 21 August 2018 https://www.afr.com/personal-finance/how-property-investors-can-cash-in-on-the-firsttime-home-buyer-surge-20180820-h147ii Simplicity is often the hallmark of successful investors. They take an approach to asset selection that, in hindsight, can seem obvious and unremarkable. But they of course have other talents, not least the courage to act quickly and decisively when they see an opportunity. Property investment […] - [ANZ slashes variable home rates by 34 basis points in new move to boost buyers](https://accreditedbroker.com.au/anz-slashes-variable-home-rates-by-34-basis-points-in-new-move-to-boost-buyers/): Duncan Hughes| Australian Financial Review| 2 August 2018 https://www.afr.com/business/banking-and-finance/financial-services/anz-slashes-variable-home-rates-by-34-basis-points-in-new-move-to-boost-buyers-20180802-h13gfx ANZ, the nation’s third largest lender, has slashed variable rates on its “no frills” home loan by 34 basis points to 3.65 per cent in the latest move by a big lender to stimulate flagging demand and build market share. The move has surprised a market […] - [The Price is Always Right](https://accreditedbroker.com.au/the-price-is-always-right/): Remember the days when borrowers were eagle-eyed to rate changes on the first Tuesday of the month?  Now, the interest rate world is very different. Two years ago, whenever the Reserve Bank met and changed rates, the banks pretty-much said they would pass them on immediately.  Now, it seems to be almost every day that […] - [Welcome to the Brave New World](https://accreditedbroker.com.au/welcome-to-the-brave-new-world/): ‘The heavy lifting has been done’ according to APRA and the banks’ lending practices are now on a sounder footing. ·       With many of APRA’s speed bumps now removed, does that mean that there will suddenly be a property boom?  Unlikely ·       Will the banks continue to ask borrowers rigorous questions for a loan application?  […] - ['No strong case' for near-term interest rate hike RBA](https://accreditedbroker.com.au/no-strong-case-for-near-term-interest-rate-hike-rba/): Vesna Poljak| Australian Financial Review| 17 July 2018 https://www.afr.com/markets/rba-on-close-and-careful-watch-of-household-debt-20180717-h12rvq The Reserve Bank of Australia has declared it will remain vigilant around high levels of household indebtedness, leading economists to conclude that the central bank needs to see convincing inflation and growth before considering raising interest rates in 2019. The Reserve Bank conducted a special discussion […] - [Bankwest focuses on broker training amid accreditation changes](https://accreditedbroker.com.au/bankwest-focuses-on-broker-training-amid-accreditation-changes/): Charbel Kadib| The Adviser| 17 July 2018 https://www.theadviser.com.au/breaking-news/38009-bank-accreditation-changes-emphasise-broker-training Bankwest’s general manager of third party has said that the bank is putting “extra assets” into training of new-to-industry brokers as well as lifting its accreditation requirements. Speaking to The Adviser on Monday (16 July) after the CBA subsidiary announced changes to its broker accreditation requirements along with […] - [Home loan crackdown 'heavy lifting'has been done by banks, says APRA](https://accreditedbroker.com.au/home-loan-crackdown-heavy-liftinghas-been-done-by-banks-says-apra/): Clancy Yeates| Sydney Morning Herald| 11 July 2018 https://www.smh.com.au/business/banking-and-finance/home-loan-crackdown-heavy-lifting-has-been-done-by-banks-says-apra-20180711-p4zqsd.html Australia’s banks have largely completed a long-running campaign to bolster their mortgage lending standards, the financial regulator says, signalling it will not force banks to further slam the brakes on the home loan market. In a speech that played down fears of a credit crunch, Australian Prudential […] - [Banks ramp up sharing of 'positive'data on customers, despite concerns](https://accreditedbroker.com.au/banks-ramp-up-sharing-of-positivedata-on-customers-despite-concerns/): Clancy Yeates| Sydney Morning Herald| 16 July 2018 https://www.smh.com.au/business/banking-and-finance/banks-ramp-up-sharing-of-positive-data-on-customers-despite-concerns-20180713-p4zray.html Banks are on track to address a key “blind spot” in their lending assessments by early next year, as several of the country’s biggest lenders finally prepare to engage with a customer data-sharing regime. The country’s biggest credit bureau, Equifax, said it expected the majority of […] - [Broking profession a career beacon](https://accreditedbroker.com.au/broking-profession-a-career-beacon/): Annie Kane| The Adviser| 11 July 2018 https://www.theadviser.com.au/breaking-news/37986-broking-profession-a-career-beacon Broking continues to be a “beacon” for those seeking a career change as well as for accountants and other financial services providers, the founder of an education group has said. Dr Mark Sinclair, founder and principal of Mentor Education Group, said that while the finance and mortgage […] - [Airbnb regulation needs to distinguish between sharing and plain old commercial letting](https://accreditedbroker.com.au/airbnb-regulation-needs-to-distinguish-between-sharing-and-plain-old-commercial-letting/): Laura Crommelin, Chris Martin, Laurence Troy|  The Conversation| 5 June 2018 https://theconversation.com/airbnb-regulation-needs-to-distinguish-between-sharing-and-plain-old-commercial-letting-97613 Airbnb and other short-term letting websites have been a hot topic of debate for some time. In New South Wales, it seems the state government is on the verge of announcing a new short-term letting policy. Our research suggests about a quarter of […] - [Finding it harder to get a loan? Here's why](https://accreditedbroker.com.au/finding-it-harder-to-get-a-loan-heres-why/): Ashlynne McGhee| 7.30| 16 July 2018 http://www.abc.net.au/news/2018-07-16/finding-it-harder-to-get-a-loan-heres-why/9999912 It’s harder to get a loan in Australia right now than it has been in years. The big banks have been whacked by the financial services royal commission and the media for lax lending standards. And it seems they’re taking note. Figures from the Australian Prudential Regulation Authority […] - [Housing Downturn Shallow and Short-lived](https://accreditedbroker.com.au/housing-downturn-shallow-and-short-lived/): Mark Mulligan| Australian Financial Review| 21 June 2018 http://www.afr.com/markets/housing-downturn-shallow-and-shortlived-says-corelogic-and-moodys-20180621-h11nqd Australia’s housing slump could prove short-lived, according to a report from CoreLogic and Moody’s, with solid employment growth, loose monetary policy, decelerating supply and easing of some controls on lending helping to lift prices across the country after this year’s shallow dip. CoreLogic-Moody Analytics’ latest Home […] - [Auction Clearance Rates Have Plummeted, but Vendors Shouldn't Fear the pass-in](https://accreditedbroker.com.au/auction-clearance-rates-have-plummeted-but-vendors-shouldnt-fear-the-pass-in/): Isabelle Lane| The New Daily| 15 June 2018 https://thenewdaily.com.au/money/property/2018/06/15/auction-clearance-rates-vendors-negotiate/ The number of homes selling at auction has fallen sharply this year, but vendors are still sealing the deal after their properties are passed in. Cooling real estate markets in Sydney and Melbourne are behind the drop in auction clearance rates, as buyers and sellers adapt to a post- price-boom landscape. There […] - [Adelaide is Now Australia's Cheapest Capital City](https://accreditedbroker.com.au/adelaide-is-now-australias-cheapest-capital-city/): Isabelle Lane| The New Daily| 13 June 2018 https://thenewdaily.com.au/money/property/2018/06/13/capital-city-median-house-prices-2018-hobart/ Hobart has long been Australia’s cheapest capital city to buy a home, but soaring prices have bumped it up the list for the first time in more than a decade. Adelaide is now the nation’s most affordable capital city, with a median house price of $470,000, according to new […] - [Mutual Home Loan Growth Outpaces Big Four](https://accreditedbroker.com.au/mutual-home-loan-growth-outpaces-big-four/): The Adviser| 21 June 2018 https://www.theadviser.com.au/breaking-news/37911-mutual-home-loan-growth-outpaces-big-four The latest quarterly statistics from the prudential regulator show strong growth for the customer-owned banking sector. The APRA quarterly statistics show home loan growth of 5.5 per cent over the past year while deposits grew by 5.9 per cent over the same period. Total customer-owned banking sector assets have […] - [Futurist Outlines His Vision for the Future of Broking](https://accreditedbroker.com.au/futurist-outlines-his-vision-for-the-future-of-broking/): Annie Kane| The Adviser| 14 June 2018 https://www.theadviser.com.au/breaking-news/37879-futurist-outlines-his-vision-of-the-future-of-broking Futurist, author and start-up founder Brett King has suggested that mortgage brokers would need to broaden their offering to survive an increasingly digital lending environment. Speaking after AMP’s Amplify Festival in Sydney on Wednesday (13 June), the CEO of banking technology provider Moven said that as lending […] - [Brokers Can Help 'Stressed" Rentvesters](https://accreditedbroker.com.au/brokers-can-help-stressed-rentvesters/): Rebecca Pike| Australian Broker| 21 June 2018 https://www.brokernews.com.au/news/breaking-news/brokers-can-help-stressed-rentvesters-251411.aspx ‘Rentvesting’ is often touted as offering the best of both worlds. You can live where you want in a rental property, while getting someone else to pay off the mortgage on your investment property. But new data from online mortgage marketplace HashChing has found that rentvesting is […] - [Why this House Price Slump is Different from the Last One](https://accreditedbroker.com.au/why-this-house-price-slump-is-different-from-the-last-one/): Clancy Yeates| Sydney Morning Herald| 19 June 2018 https://www.smh.com.au/money/investing/why-this-house-price-slump-is-different-from-the-last-one-20180613-p4zl7u.html Amid all the gloom engulfing the housing market, here’s a sliver of more positive news you may have missed. The Westpac Melbourne Institute index of consumer sentiment recently suggested home buyer demand is gradually recovering from its recent low, with the number of consumers who think […] - [Highly Geared Borrowers Tipped to Face Extra Scrutiny](https://accreditedbroker.com.au/highly-geared-borrowers-tipped-to-face-extra-scrutiny/): Clancy Yeates| 18 June 2018| Sydney Morning Herald https://www.smh.com.au/business/banking-and-finance/highly-geared-borrowers-tipped-to-face-extra-scrutiny-20180615-p4zlp7.html Property investors seeking to borrow many times their income are tipped to come under increased scrutiny, as banks respond to regulatory pressure to restrict higher-risk mortgage lending. Following a direction from the Australian Prudential and Regulation Authority (APRA) in April, banks are grappling with how to […] - [Most Australian Homes Have Increased in Value Over the Past Year](https://accreditedbroker.com.au/most-australian-homes-have-increased-in-value-over-the-past-year/): David Scutt| Business Insider| 1 June 2018 https://www.businessinsider.com.au/australia-home-prices-valuation-location-analysis-2018-6 Australia’s median home price fell for an eighth consecutive month in May, leaving it down 0.4% over the past year, the first decline seen since October 2012. From the recent cyclical peak in September 2017, the median price has fallen by 1.1% to $555,274. However, Australia’s housing […] - [Property Falls 'Manageable' Says RBA's Lowe](https://accreditedbroker.com.au/property-falls-manageable-says-rbas-lowe/): Jacob Greiber & Ben Potter| 13 June 2018| Australian Financial Review https://www.afr.com/news/economy/monetary-policy/property-falls-manageable-says-rbas-lowe-20180613-h11ch9 Reserve Bank of Australia governor Philip Lowe has downplayed concerns over falling property prices, saying they are still 40 per cent higher in Sydney and Melbourne than they were just a few years ago. “As long as it’s not a very large decline – it’s […] - [What Happens Now?](https://accreditedbroker.com.au/what-happens-now/): The market pauses for breath. Negative reports for the big capital city property markets. Banks on the nose. But, look past the headlines and there is still a lot of positive happening. Australia’s population growth remains strong, this week the ABS predicted the nation’s population would hit 25m this August. While investors may be sitting on the sidelines, […] - [Business Loans Growth to Outpace Mortgages, NAB says](https://accreditedbroker.com.au/business-loans-growth-to-outpace-mortgages-nab-says/): Clancy Yeates| Sydney Morning Herald| 17 May 2018 https://www.smh.com.au/business/banking-and-finance/business-loans-growth-to-outpace-mortgages-nab-says-20180514-p4zf98.html Business loans are likely to grow more quickly than lending for residential property, in a changing of the guard that would see banks compete more fiercely for business customers, National Australia Bank executive Anthony Healy says. As the slowing housing market dampens banks’ outlook, the chief customer officer […] - [Interest-only Mortgage Holders Fce $7000 a Year Hit: RBA](https://accreditedbroker.com.au/interest-only-mortgage-holders-fce-7000-a-year-hit-rba/): Clancy Yeates| Sydney Morning Herald| 24 April 2018 https://www.smh.com.au/business/the-economy/interest-only-mortgage-holders-face-7-000-a-year-hit-rba-20180424-p4zbb9.html Borrowers with a typical interest-only home loan face a $7000 jump in their annual mortgage costs when their interest-only period ends and they are forced to start paying back principal, the Reserve Bank says. With almost $500 billion in interest-only mortgages set to expire in the next […] - [Total loan approvals drop by over $1.6bn](https://accreditedbroker.com.au/total-loan-approvals-drop-by-over-1-6bn/): Charbel Kadib| The Adviser| 15 May 2018 https://www.theadviser.com.au/breaking-news/37764-total-loan-approvals-drop-by-over-1-6-billion The total value of housing, commercial and personal loans approved in March dropped by over $1.6 billion in a month, according to the latest data from the Australian Bureau of Statistics. According to the ABS’ latest Lending Finance figures, the total value of commercial loan commitments fell […] - [Securitisation on the Up (and Up)](https://accreditedbroker.com.au/securitisation-on-the-up-and-up/): Martin North| Digital Finance Analytics| 8 March 2018 Securitisation On The Up (and Up) The ABS released their latest data on the Assets and Liabilities of Australian Securitisers. At 31 December 2017, total assets of Australian securitisers were $132.5b, up $7.3b (5.9%) on 30 September 2017. During the December quarter 2017, the rise in total […] - [The many moving parts influencing house prices](https://accreditedbroker.com.au/the-many-moving-parts-influencing-house-prices/): Christopher Joye| Australian Financial Review| 4 May 2018 http://www.afr.com/personal-finance/shares/embrace-house-falls-as-a-good-thing-20180503-h0zmfk Before I dive into where housing is heading, the banking regulator’s analysis of CBA’s vulnerabilities was spot on. This column has long argued that the essential conundrum is one of excessive complexity and the difficulty supervising these byzantine banking beasts. In 2010 I posited that while […] - ["A fee for service model only supports the big major banks"](https://accreditedbroker.com.au/a-fee-for-service-model-only-supports-the-big-major-banks/): Ottiena Ellwand| Mortgage Professional Australia| 16 May 2018 https://www.mpamagazine.com.au/sections/market-talk/a-fee-for-service-model-only-supports-the-big-major-banks-249969.aspx Major aggregator heads expressed their confidence last Friday at MPA’s live-streamed roundtable event that the broker commission structure is sound and likely won’t be dismantled despite it being raised by the Productivity Commission and the Royal Commission. The aggregators said they expect the Combined Industry Forum’s […] - [The residential property market is dead! Long Live the commercial market!](https://accreditedbroker.com.au/the-residential-property-market-is-dead-long-live-the-commercial-market/): The residential property market is dead! Long Live the commercial market! Bank lending is dead! Long live the non-bank lenders! Are you equipped to cope with the tectonic shifts that are taking in property and finance? The past five years have seen major growth in the residential property market in the eastern states – and the banks […] - [Credit crunch a ‘complex picture’ for brokers](https://accreditedbroker.com.au/credit-crunch-a-complex-picture-for-brokers/): James Mitchell| The Adviser| 16 May 2018 https://www.theadviser.com.au/breaking-news/37765-credit-crunch-a-complex-picture-for-brokers Slower credit growth and reduced borrowing capacity are expected to wipe 10 per cent off volumes this year, but brokers may find a silver lining in their trail commissions. Investor lending has fallen by 16.1 per cent over the year to March, while owner-occupied lending is off […] - [Hollywood, The Royal Commission & Broking](https://accreditedbroker.com.au/hollywood-the-royal-commission-broking/): The Banking Royal Commission has been like a thriller with us glued to our screens as we see banking executive after banking executive humiliated by the industry’s activities. But while we have been transfixed with a CEO and Chairman resigning and companies threatened with criminal actions, away from centre-stage, lenders have been modifying their practices […] - [It's now even harder to get a home loan in Australia](https://accreditedbroker.com.au/its-now-even-harder-to-get-a-home-loan-in-australia/): David Scutt| Business Insider| 26 April 2018 https://www.businessinsider.com.au/apra-just-made-it-even-harder-to-get-a-home-loan-2018-4 After being in place for a little over three years, APRA, Australia’s banking regulator, has announced its 10% annual cap on investor housing credit growth will be removed for some Australian lenders. APRA said the decision reflects that Australian lenders have taken steps to improve the quality […] - [Total mortgage values rise](https://accreditedbroker.com.au/total-mortgage-values-rise/): Charbel Kadib| The Adviser | 20 April 2018 https://www.theadviser.com.au/breaking-news/37664-total-mortgage-values-rise-in-february The total value of owner-occupier home loans increased in February, according to the latest data from the Australian Bureau of Statistics. The latest Lending Finance data from the ABS has revealed that the total value of owner-occupier home loans rose by 0.4 per cent in trend terms, from […] - [NAB backs remuneration structure but calls for ‘improvements’](https://accreditedbroker.com.au/nab-backs-remuneration-structure-but-calls-for-improvements/): Annie Kane| 20 April 2018| The Adviser https://www.theadviser.com.au/breaking-news/37662-nab-backs-remuneration-structure-but-calls-for-improvements The major bank has written to brokers highlighting that it supports the current broker remuneration structure but recognises that “improvements” can be made. The bank’s general manager of broker distribution, Steve Kane, sent an email to NAB-accredited brokers this week reaffirming the bank’s belief that the remuneration […] - [Banking royal commission: Strip AMP apart and unwind byzantine banks](https://accreditedbroker.com.au/banking-royal-commission-strip-amp-apart-and-unwind-byzantine-banks/): Christopher Joye| Australian Financial Review| 20 April 2018 http://www.afr.com/personal-finance/shares/strip-amp-apart-and-unwind-byzantine-banks-20180419-h0z0hl Arguably the apogee of the “vertical integration” of Australia’s financial system, which this column has aggressively railed against for years, came in early 2014 when the banks (and AMP) convinced the Coalition to roll back the Future of Financial Advice (FoFA) laws. They did so to allow them […] - [Banking royal commission sparks fears for home prices](https://accreditedbroker.com.au/banking-royal-commission-sparks-fears-for-home-prices/): Raymond Gill| The New Daily| 13 April 2018 https://thenewdaily.com.au/money/property/2018/04/13/banking-royal-commission-fears-home-prices/ Property experts have scotched fears that the banking royal commission could lead to a crash in Australia’s house prices. The first round of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry‘s public hearings uncovered story after dispiriting story about lax mortgage lending […] - [Australia will need to build a stack of new homes if population growth continues on its current trajectory](https://accreditedbroker.com.au/australia-will-need-to-build-a-stack-of-new-homes-if-population-growth-continues-on-its-current-trajectory/): David Scutt| The New Daily|10 April 2018 https://www.businessinsider.com.au/australia-population-growth-housing-affordability-supply-forecasts-hia-2018-4 Australia’s population is about to tick over 24.9 million, and is growing at an annual pace of 1.6%, according to data from the ABS. If that pace of growth is maintained over the next few decades, it will see Australia’s population rise to over 41.4 million by the year […] - [Don’t blame brokers for big bank misconduct](https://accreditedbroker.com.au/dont-blame-brokers-for-big-bank-misconduct/): A message from the MFAA CEO, Mike Felton 9 April 2018 https://www.mfaa.com.au/news/dont_blame_brokers_for_big_bank_misconduct There is a risk that the big banks are using brokers as a shield to divert attention away from allegations of their systemic issues, stifling of competition and massive community trust deficit. If this is the case and it proves successful for the […] - [ANZ says Australia's housing slowdown is almost over with prices set to rise again](https://accreditedbroker.com.au/anz-says-australias-housing-slowdown-is-almost-over-with-prices-set-to-rise-again/): David Scutt| Business Insider| 5 April 2018 https://www.businessinsider.com.au/anz-australia-house-price-forecasts-2018-4 ANZ Bank remains confident that Australia’s housing market is on track for a “soft landing”, predicting that rather than heralding the start of a prolonged slump, prices will actually increase this year. “We retain our view that prices will not materially decline,” say Daniel Gradwell and Joanne […] - [Cheap mortgages for everyone! Greens’ call for ‘People’s Bank’ unpicked](https://accreditedbroker.com.au/cheap-mortgages-for-everyone-greens-call-for-peoples-bank-unpicked/): James Fernyhough| The New Daily| 4 April 2018 https://thenewdaily.com.au/money/property/2018/04/04/greens-peoples-bank-unpicked/ The Greens have unveiled a radical plan to give Australians access to much cheaper home loans than are currently on offer, in an unabashed attack on the big four banks’ stranglehold on the mortgage market. Speaking at the National Press Club in Canberra on Wednesday, Greens leader Richard […] - [House prices are falling and wages may soon be rising: RBA](https://accreditedbroker.com.au/house-prices-are-falling-and-wages-may-soon-be-rising-rba/): James Fernyhough| The New Daily| 3 April 2018 https://thenewdaily.com.au/money/work/2018/04/03/house-prices-falling-wages-rising-rba/ The era of historically lacklustre wage growth in Australia appears to have bottomed out, meaning Aussie workers may soon be looking at a pay rise above inflation. And with property prices in Sydney and Melbourne continuing to fall, and no rise in interest rates on the near horizon, […] - [Mortgage brokers do the 'heavy lifting', but may not save you money](https://accreditedbroker.com.au/mortgage-brokers-do-the-heavy-lifting-but-may-not-save-you-money/): David Taylor| ABC| 21 March 2018 http://www.abc.net.au/news/2018-03-21/mortgage-brokers-heavy-lifting-may-not-say-you-money/9569112 Australia is witnessing the beginning of the end of the mortgage-broking industry, a prominent finance industry analyst claims. Key points: Analyst predicts relevance of mortgage brokers will wane as technology improves Comes as questionable lending practices exposed at banking royal commission Analyst suggests Australia follow UK and introduce […] - [Why the RBA needs to talk about future interest-rate policy](https://accreditedbroker.com.au/why-the-rba-needs-to-talk-about-future-interest-rate-policy/): Efem Castelnuovo & Bruce Preston| The Conversation| 19 March 2018 https://theconversation.com/why-the-rba-needs-to-talk-about-future-interest-rate-policy-93292 The Reserve Bank of Australia should follow the example of other central banks and be clearer about when and how rates will change, called “forward guidance”, to make its policy more effective. At the moment the RBA follows an approach to implement monetary policy […] - [Vital Signs: Construction Yet to Slow Down with a Cooling Housing Market](https://accreditedbroker.com.au/vital-signs-construction-yet-to-slow-down-with-a-cooling-housing-market/): Richard Holden| The Conversation| 16 March 2018 https://theconversation.com/vital-signs-construction-yet-to-slow-down-with-a-cooling-housing-market-93358 The Australian Bureau of Statistics housing finance figures released Tuesday reveal a modest increase in the total value of dwelling commitments, up an overall 0.7% for the month of January on a seasonally adjusted basis. The investor segment (up 1.1%) was stronger than owner-occupied housing (up 0.5%). […] - [The attractions of interest-only loans](https://accreditedbroker.com.au/the-attractions-of-interest-only-loans/): Daryl Dixon| Sydney Morning Herald| 15 March 2018 https://www.smh.com.au/money/borrowing/the-attractions-of-interest-only-loans-20180315-p4z4il.html Despite tighter regulations, interest-only loans offer substantial benefits to potential borrowers. It’s true there is heightened risk for lender and borrower because the loan is not paid down over time. With interest-only loans, the risks will fall only if the value of the property or asset […] - [Home Ownership Foundations are Being Shaken, and the Impacts Will be Felt Far & Wide](https://accreditedbroker.com.au/home-ownership-foundations-are-being-shaken-and-the-impacts-will-be-felt-far-wide/): Rachel Ong, Gavin Wood & Susan Smith| The Conversation| 6 March 2018 https://theconversation.com/home-ownership-foundations-are-being-shaken-and-the-impacts-will-be-felt-far-and-wide-91664 he nature of the centrepiece of the Australian housing system – owner occupation – is quietly undergoing a profound transformation. Once taken for granted by the mainstream, home ownership is increasingly precarious. At the margins, which are wide, it is as if […] - [Regular Client Reviews to Generate More Broker Business](https://accreditedbroker.com.au/regular-client-reviews-to-generate-more-broker-business/): Ambulance chasers are not seen as the best friends of the property and finance sectors. But, ironically, they could boost incomes for brokers and financial planners A rising tide lifts all boats. But, when the tide goes out, its obvious who has been swimming naked. And with the property market being close to the top, many potential purchasers […] - [The RBA says financial stress for Australian households remains 'relatively low'](https://accreditedbroker.com.au/the-rba-says-financial-stress-for-australian-households-remains-relatively-low/): David Scutt| Business Insider| 20 February 2018 https://www.businessinsider.com.au/rba-financial-stress-low-households-2018-2 Australian household debt has increased and wage growth remains weak, but that’s not yet led to a substantial pickup in financial stress. And that includes households with a mortgage, be they owner-occupiers or investors. That’s the concise view of Michelle Bullock, Assistant Governor of the Reserve Bank […] - [The Digital Upstarts Taking on Britain's Dominant Few Banks](https://accreditedbroker.com.au/the-digital-upstarts-taking-on-britains-dominant-few-banks/): The Economist| 15 February 2018 https://www.economist.com/news/finance-and-economics/21737028-battle-between-one-side-novelty-technology-and-gusto-and-other?frsc=dg%7Ce CHRIS MATTHEWS joined Monzo last May. “A friend mentioned it over a curry. Everyone signed up at once. Nine or ten of us.” Mr Matthews, a structural engineer living in London, transfers money monthly from the big bank where his salary lands to the online upstart, for everyday expenses. […] - [HIGH RISK ALERT: the worst off-the-plan suburbs in 2018](https://accreditedbroker.com.au/high-risk-alert-the-worst-off-the-plan-suburbs-in-2018/): Riskwise Property Review| 8 February 2018 https://www.riskwiseproperty.com.au/News/high_risk_alert We’re living in a post-property-boom era, in a time when the term ‘off-the-plan’ starts ringing alarm bells. With almost all capital cities suffering from potential unit oversupply, RiskWise has compiled a list of the top 100 most risky suburbs across the country. The widespread oversupply issue is universally […] - [Major bank changes broker commission model](https://accreditedbroker.com.au/major-bank-changes-broker-commission-model/): James Mitchell| The Adviser| 5 January 2018 https://www.theadviser.com.au/breaking-news/37252-major-bank-changes-broker-commission-model A big four bank has advised mortgage brokers that its upfront commission structure will change from next month. In a note to brokers obtained by The Adviser, ANZ’s general manager of broker distribution, Simone Tilley, explained that the bank has recently completed a comprehensive review of its […] - [Blackstone's Play for La Trobe wont be the last non-bank deal](https://accreditedbroker.com.au/blackstones-play-for-la-trobe-wont-be-the-last-non-bank-deal/): Jonathan Shapiro| Australian Financial Review|18 December 2017 http://www.afr.com/business/banking-and-finance/blackstones-play-for-la-trobe-wont-be-the-last-nonbank-deal-20171218-h06huy Australia’s $1.7 trillion mortgage market has become a hotspot for global private equity titans with more buyout funds tipped to follow Blackstone and KKR’s recent forays into the shadow banking sector. On Monday, New York-based Blackstone announced it had taken an 80 per cent stake in Melbourne-based lender […] - [Major bank unveils new accreditation standards](https://accreditedbroker.com.au/major-bank-unveils-new-accreditation-standards/): Miklos Bolza| Australian Broker| 14 December 2017 https://www.brokernews.com.au/news/breaking-news/major-bank-unveils-new-accreditation-standards-244893.aspx Commonwealth Bank of Australia (CBA) has unveiled a new broker model which includes stricter accreditation standards that aim to promote greater broker knowledge and positive consumer outcomes. From 2018, new mortgage brokers will be required to meet enhanced education requirements in order to write CBA loans. The […] - [Broker market share rises to a record 55.7% in September quarter](https://accreditedbroker.com.au/broker-market-share-rises-to-a-record-55-7-in-september-quarter/): MFAA| 19 November 2017 https://www.mfaa.com.au/news/broker-market-share-rises-to-a-record-55.7-percent-in-september-quarter Australian finance brokers settled 55.7% of all residential mortgages during the September 2017 quarter, up from 53.6% in the same quarter last year, the latest industry data reveals. Mortgage and Finance Association of Australia (MFAA) CEO Mike Felton said this represented a record $51.77 billion worth of residential home loans […] - [Forcing the banks to hand over our credit history might help with a home loan but it has risks](https://accreditedbroker.com.au/forcing-the-banks-to-hand-over-our-credit-history-might-help-with-a-home-loan-but-it-has-risks/): James Malbon| The Conversation| 3 November 2017 https://theconversation.com/forcing-the-banks-to-hand-over-our-credit-history-might-help-with-a-home-loan-but-it-has-risks-86757 The federal government will be forcing banks to hand over half their credit data ready for reporting by mid-2018 (with the remainder available in 2019). It seems rather quaint in the age of big data that the big four banks have been able to hold onto their […] - [Consumers don’t want to pay fees to brokers, says banking head](https://accreditedbroker.com.au/consumers-dont-want-to-pay-fees-to-brokers-says-banking-head/): Annie Kane| The Adviser| 25 October 2017 https://www.theadviser.com.au/breaking-news/36930-consumers-don-t-want-to-pay-fees-to-brokers-says-banking-head Suncorp Bank’s CEO of banking and wealth has said that he does not believe that customers would want to pay fees to get mortgage broking advice, adding that he thinks broker commissions will therefore just be “tidied up at the edges”. David Carter, chief executive officer for […] - [What bubble? The financial sector is fighting fit](https://accreditedbroker.com.au/what-bubble-the-financial-sector-is-fighting-fit/): Stephen Koukoulas| Yahoo7| 16 October 2017 https://au.finance.yahoo.com/news/1897318-045821149.html?soc_src=social-sh&soc_trk=ma Australia’s banking sector is in peak health and the household sector is having few if any problems managing its debt. This is the good news from the Reserve Bank of Australia Financial Stability Report which effectively put the kybosh on the fear-mongers who continue to forecast a crisis […] - [The tricky balancing act on rate rises](https://accreditedbroker.com.au/the-tricky-balancing-act-on-rate-rises/): Jessica Irvine| Sydney Morning Herald| 14 October 2017 http://www.smh.com.au/business/the-economy/interest-rate-rises-are-coming-but-not-like-before-20171013-gz08hy.html What is the right level for interest rates? It’s hard to think of a more important question for the economy. Households want to know how much they can borrow and service. Banks want to know how much they can lend to people. Policy makers, particularly the […] - [Savvy Borrowers Profit When Rates Go Up](https://accreditedbroker.com.au/savvy-borrowers-profit-when-rates-go-up/): NAB and ANZ economists are now predicting two rate rises next year, while CBA is predicting one rate rise. It has now been 82 months since the Reserve Bank last increased its cash rate and Australian borrowers are going to have do something new – work out how they are going to cope when their […] - [Brokers aid consumers, SMEs & small lenders: RBA](https://accreditedbroker.com.au/brokers-aid-consumers-smes-small-lenders-rba/): Miklos Bolza| Australian Broker| 25 September 2017 http://www.brokernews.com.au/news/breaking-news/brokers-aid-consumers-smes-and-small-lenders-rba-241609.aspx The widespread use of brokers has led to a number of positive outcomes including increased industry competition, greater lending efficiency and consumer access to a wider range of products, the Reserve Bank of Australia (RBA) has acknowledged. In its submission to the Productivity Commission Inquiry into Competition […] - [Interest rates: ANZ joins NAB in predicting the RBA will raise twice next year](https://accreditedbroker.com.au/interest-rates-anz-joins-nab-in-predicting-the-rba-will-raise-twice-next-year/): Stephen Letts| ABC| 21 September 2017 http://mobile.abc.net.au/news/2017-09-20/anz-joins-nab-in-predicting-the-next-rba-move-will-be-up/8964804?section=business The ANZ has become the second big bank in a week to forecast the Reserve Bank will turn hawkish and raise rates twice next year. Key points: RBA can’t keep real interest rates negative if growth and inflation picks up as expected argues ANZ Market already dramatically pulled […] - [Australian house prices are still climbing at rates that would make most assets blush](https://accreditedbroker.com.au/australian-house-prices-are-still-climbing-at-rates-that-would-make-most-assets-blush/): Sam Jacobs| Business Insider| 19 September 2017 https://www.businessinsider.com.au/australian-house-price-growth-statistics-2017-9 Australian house prices posted their fifth straight quarter of growth in the three months to the end of June, data from the ABS shows. On a weighted average basis, home values across Australia’s capital cities rose by 1.9%, beating forecast growth of 1.3%. That led to an […] - [We’re at the Crossroads](https://accreditedbroker.com.au/were-at-the-crossroads/): The property market is about to collapse. Fintech will make brokers redundant. Banks are rife with corruption. There’s no doubt that the world is about to change. But to say that “the sky is falling in” is in exaggeration. The recent ABC Four Corners programme certainly put a pessimistic slant on the property market. But veteran property journalist notes […] - [Surprise! Commissions are actually going up](https://accreditedbroker.com.au/surprise-commissions-are-actually-going-up/): Mortgage Professional Australia| 25 August 2017 http://www.mpamagazine.com.au/sections/market-talk/surprise-commissions-are-actually-going-up-240375.aspx Mortgage Choice’s full year results cast doubt on gloom surrounding broking’s business model Commissions are going up, according to the head of one of broking’s biggest franchises, as they revealed their full-year results yesterday. The average upfront commission received by Mortgage Choice has risen to 0.6544% from 0.647% in FY2016. Commissions […] - [Chinese property buyers shift interest from Australia to other parts of the world](https://accreditedbroker.com.au/chinese-property-buyers-shift-interest-from-australia-to-other-parts-of-the-world/): Christina Zhou| ABC| 21 August 2017 http://www.abc.net.au/news/2017-08-21/chinese-property-buyers–top-10-countries/8826522?section=business Australia is losing Chinese buyer interest to other parts of the world as tougher government regulations and new tax rules continue to bite, new data shows. Top 10 countries for Chinese property buyers in 2017 United States Australia Thailand Canada United Kingdom New Zealand Germany Japan Malaysia Spain […] - [Banking with a chatbot: a battle between convenience and security](https://accreditedbroker.com.au/banking-with-a-chatbot-a-battle-between-convenience-and-security/): Kate Letheren and Paula Dootson| The Conversation| 10 August 2017 https://theconversation.com/banking-with-a-chatbot-a-battle-between-convenience-and-security-81328 Soon, you will be able to check your bank balance or transfer money through Facebook Messenger and Twitter as banks experiment with chatbots. Companies like Ikea have used customer service chatbots for close to a decade. But their use in financial services represents a […] - [‘Orderly unwinding’ in housing market likely: S&P](https://accreditedbroker.com.au/orderly-unwinding-in-housing-market-likely-sp/): Lucy Dean| Mortgage Business| 7 August 2017 https://www.mortgagebusiness.com.au/breaking-news/11354-orderly-unwinding-in-housing-market A “sharp correction” in the housing market is unlikely to occur in the next two years, but an “orderly unwinding” is on the cards, S&P has said. Sharad Jain, director of financial services ratings at S&P Global Ratings, has predicted an “orderly unwinding” in the property market […] - [Borrowers Face Minefield - Brokers Profit](https://accreditedbroker.com.au/borrowers-face-minefield-brokers-profit/): Last month Accredited Broker postulated “Is It Banks versus Brokers?” In the intervening weeks since our last edition, it has become clear that the picture is more complicated – one that has significant impact on brokers. In some cases we are seeing the Big Four banks diverging in their support for broker-originated business. In others we see […] - [Australia central bank - no automatic reason to follow global rate hikes](https://accreditedbroker.com.au/australia-central-bank-no-automatic-reason-to-follow-global-rate-hikes/): Swati Pandey and Wayne Cole| Reuters| 22 July 2017 http://www.msn.com/en-au/money/finance-marketnews/australia-central-bank-no-automatic-reason-to-follow-global-rate-hikes/ar-AAowNRt?li=AA54Gb&ocid=spartandhp The recent outbreak of hawkishness by policymakers in the western world does not automatically mean that interest rates need to rise in Australia, a top central banker said on Friday. Canada’s central bank increased interest rates to 0.75 percent this month while the U.S. Federal […] - [Cross-industry group agrees ASIC response framework](https://accreditedbroker.com.au/cross-industry-group-agrees-asic-response-framework/): Annie Kane| The Adviser| 20 July 2017 Members of the mortgage broking and banking industries have agreed the framework to develop an industry response to ASIC’s report on mortgage broker remuneration. The mortgage industry forum, which comprises the Australian Bankers’ Association (ABA), the Mortgage and Finance Association of Australia (MFAA), the Finance Brokers Association of Australia (FBAA), […] - [How Did the Housing Market Perform Over the Financial Year?](https://accreditedbroker.com.au/how-did-the-housing-market-perform-over-the-financial-year/): Cameron Kusher| Corelogic| 17 July 2017 https://www.corelogic.com.au/news/how-did-the-housing-market-perform-over-the-financial-year?utm_source=Newsletter&utm_medium=Email&utm_campaign=PP17JULY17 Over the past 20 financial years there have only been two years in which combined capital city dwelling values have fallen. Over the last financial year, combined capital city dwelling values increased by 9.6% which was actually greater than the 8.3% rise over the 2015-16 financial year.  Combined […] - [Aggregator warns brokers of major industry changes](https://accreditedbroker.com.au/aggregator-warns-brokers-of-major-industry-changes/): James Mitchell| The Adviser| 15 June 2017 https://www.theadviser.com.au/breaking-news/36195-aggregator-warns-brokers-of-major-industry-changes The head of a major aggregator has told brokers to brace for multiple pricing and policy changes from all lenders, including the non-banks, as a “significant pull back” is required to meet regulatory requirements. In March, APRA announced that interest-only lending would be limited to 30 per […] - [Annual Australian house prices jump 7.7%](https://accreditedbroker.com.au/annual-australian-house-prices-jump-7-7/): Miklos Bolza| Australian Broker| 13 June 2017 http://www.brokernews.com.au/news/breaking-news/annual-australian-house-prices-jump-7-7-237404.aspx Australia has experienced an upward trajectory in property prices over the past year, pushing it up the international leader board of property growth rates. Knight Frank’s Global House Price Index – Q1 2017 saw Australia move from 37th in the fourth quarter last year to 20th place by the […] - [ANZ: The days of rapid house price growth in Australia are over](https://accreditedbroker.com.au/anz-the-days-of-rapid-house-price-growth-in-australia-are-over/): David Scutt| Business Insider| 6 June 2017 https://www.businessinsider.com.au/anz-the-days-of-rapid-house-price-growth-in-australia-are-over-2017-6 After years or rollicking growth, led by Australia’s largest cities Sydney and Melbourne, Australian house price growth is expected to slow sharply over the next two years, says ANZ. In a note released earlier this week, the bank says growth will slow sharply due to higher interest […] - [Here are 4 reasons why the NAB isn't concerned about apartment oversupply](https://accreditedbroker.com.au/here-are-4-reasons-why-the-nab-isnt-concerned-about-apartment-oversupply/): Narayanan Somasundaram| Business Insider| 26 May 2017 https://www.businessinsider.com.au/here-are-4-reasons-why-the-nab-isnt-concerned-about-apartment-oversupply-2017-5 Rising supply of homes is worth monitoring but it is not alarming yet, given the pent up demand over the years, according to National Australia Bank. Construction rates have failed to keep pace with strong population growth in recent years, contributing to an undersupply, NAB’s economics team […] - [Major banks change third-party strategy](https://accreditedbroker.com.au/major-banks-change-third-party-strategy/): James Mitchell| The Adviser| 22 May 2017 https://www.theadviser.com.au/breaking-news/36100-major-banks-change-third-party-strategy Two of Australia’s big four banks have changed their appetite for broker-originated loans in a move that could curb the growth of the third-party channel, according to a market analyst. Digital Finance Analytics (DFA) principal Martin North believes underperforming branch networks and regulatory pressure to curb investor […] - [A boost for broker market share in the March 2017 quarter](https://accreditedbroker.com.au/a-boost-for-broker-market-share-in-the-march-2017-quarter/): MFAA| 17 May 2017 https://www.mfaa.com.au/News/Pages/A-boost-for-broker-market-share-in-the–March-2017-quarter.aspx According to research group ‘comparator’, a CoreLogic business, finance brokers originated at least $46 billion in new home loans* during the March 2017 quarter. This result represents the largest by value ever for this particular quarter which is historically the “low point” by value for the calendar year. Mortgage brokers […] - [Housing market 'top' called by investment bank UBS](https://accreditedbroker.com.au/housing-market-top-called-by-investment-bank-ubs/): Michael Janda| ABC| 25 April 2017 http://www.abc.net.au/news/2017-04-24/housing-market-top-called-by-investment-bank-ubs/8466198?section=business The Australian housing market has peaked in the opinion of economists from global investment banking giant UBS. The bank’s economics team said it usually takes rising official interest rates to stop the upward phase of a property cycle, but this very lengthy boom may be different. “While the […] - [Commissions to change despite no evidence of poor outcomes](https://accreditedbroker.com.au/commissions-to-change-despite-no-evidence-of-poor-outcomes/): James Mitchell| The Adviser| 21 April 2017 https://www.theadviser.com.au/breaking-news/35978-commissions-to-change-despite-no-evidence-of-poor-outcomes A mortgage industry veteran has highlighted that both the ASIC and Sedgwick reviews — the latter of which has recommended sweeping changes to broker commissions — are not based any documentary evidence that current remuneration structures lead to poor consumer outcomes. Former Mortgage Choice chief executive Michael Russell, […] - [First home buyers back in double digits](https://accreditedbroker.com.au/first-home-buyers-back-in-double-digits/): Miklos Bolza| Australian Broker| 20 April 2017 http://www.brokernews.com.au/news/breaking-news/first-home-buyers-back-in-double-digits-235374.aspx New data from aggregator Australian Finance Group (AFG) has shown the number of first home buyers is on the rise nationally. In the AFG Mortgage Index for the third quarter of the 2017 financial year, lodgements by first home buyers increased to 10% of the total number of loans […] - [Why Chinese investors keep buying Australian property: it's cheap](https://accreditedbroker.com.au/why-chinese-investors-keep-buying-australian-property-its-cheap/): Stephen Letts| ABC| 24 March 2017 http://www.abc.net.au/news/2017-03-24/why-chinese-investors-keep-buying-australian-property/8385174?section=business It is said real estate is all about “position, position, position”. Perspective could equally be thrown into the equation as well, and from the perspective of China’s rapidly growing millionaire class, Australian capital city properties are not only cheap, but high-yielding as well. Detailed analysis from the big […] - [“Let’s not blame the brokers”: Medcraft](https://accreditedbroker.com.au/lets-not-blame-the-brokers-medcraft/): Miklos Bolza| Australian Broker| 20 March 2017 http://www.brokernews.com.au/news/breaking-news/lets-not-blame-the-brokers-medcraft-234242.aspx The chairman of the Australian Securities and Investments Commission (ASIC), Greg Medcraft, has defended the broker channel after the release of the regulator’s controversial Review of Mortgage Broker Remuneration. “The channel shouldn’t necessarily be blamed. What we’ve got to remember here at the end of the day […] - [APRA sounds alarm on commercial property risks](https://accreditedbroker.com.au/apra-sounds-alarm-on-commercial-property-risks/): James Mitchell| SME Adviser| 7 March 2017 https://www.smeadviser.com.au/news/64-apra-sounds-alarm-on-commercial-property-risks Following a recent review, the prudential regulator has today warned that many banks have fallen “well short of expectations” regarding portfolio controls for commercial property. In a letter to all Australian banks today, APRA outlined its observations from a thematic review into commercial property lending, noting that […] - [All Change or No Change for Lending?](https://accreditedbroker.com.au/all-change-or-no-change-for-lending/): For the past few years, banks and mortgage brokers have found themselves in the cross hairs with the talk of a property bubble. In theory, that is due to culminate in the next weeks as ASIC makes recommendations on the way brokers should be paid. Yet, the truth is, lending is being buffeted from many […] - [ASIC Promises 'Well Informed' Remuneration Review](https://accreditedbroker.com.au/asic-promises-well-informed-remuneration-review/): Miklos Bolza| Broker News| 24 February 2017 http://www.brokernews.com.au/news/breaking-news/asic-promises-well-informed-remuneration-review-231730.aspx The Australian Investments & Securities Commission (ASIC) will release its long-awaited broker remuneration review in a “couple of weeks”. In a panel at the RFi Group’s Australian Mortgage Innovation Summit 2017 in Sydney yesterday (23 February), Michael Saadat, senior executive leader of deposit takers, credit & insurers […] - [Mortgage Broker AFG Says Profit Up 14%](https://accreditedbroker.com.au/mortgage-broker-afg-says-profit-up-14/): Prateek Chatterjee| Property Observer| 24 February 2017 http://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/66076-mortgage-broker-afg-says-profit-up-14-as-credit-market-picking-up.html Mortgage broker Australian Finance Group (ASX: AFG) reported a rise in half-yearly profit of 14% from the same period in the previous year, helped by the strong performance of its AFG Home Loans division. AFG’s loan book now sits at $127 billion, with the overall residential loan […] - [Cash Rate Will Remain on Hold Maybe Until 2018](https://accreditedbroker.com.au/cash-rate-will-remain-on-hold-maybe-until-2018/): Bill Evans, Westpac Chief Economist | Property Observer| 21 February 2017 http://www.propertyobserver.com.au/financing/interest-rates/65843-official-cash-rate-will-remain-on-hold-maybe-until-2018-westpac-s-bill-evans.html As expected, the minutes of the February monetary policy meeting of the Board of the Reserve Bank provided little additional insight to the Governor’s post-meeting statement and the February Statement on Monetary Policy. The surprise 0.5 percent decline in real GDP in the […] - [Doing the Right Thing](https://accreditedbroker.com.au/doing-the-right-thing/): Anthony Waldron| The Adviser| 20 February 2017 http://www.theadviser.com.au/blogs/35744-doing-the-right-thing The rise of the mortgage broking industry to become the major distributor of mortgages is due to a public vote of confidence. Millions of Australians – some 53 per cent of mortgagees – turn to a broker to represent their interests. First home buyers want a simplified […] - [What's your business model?](https://accreditedbroker.com.au/whats-your-business-model/): So, property prices are on the up and the banks are lending again.  But are you sure you will make money? While the lending environment is more generous than now, banks and brokers are being required to ask more questions than in the past; the answers to these questions may will have any impact how […] - [Best interests duty bill released](https://accreditedbroker.com.au/best-interests-duty-bill-released/): https://www.theadviser.com.au/breaking-news/39808-best-interest-duty-bill-released Annie Kane| The Adviser| 28 November 2019 The updated best interests duty bill for mortgage brokers has been tabled in Parliament, outlining the role brokers need to take when helping a borrower from 1 July 2020. The amended best interests duty – falling under theFinancial Sector Reform (Hayne Royal Commission Response–Protecting Consumers (2019 Measures)) Bill […] - [Regulators unfazed by 'upward pressure' on house prices](https://accreditedbroker.com.au/regulators-unfazed-by-upward-pressure-on-house-prices/): John Kehoe| Australian Financial Review| 4 December 2019 https://www.afr.com/policy/economy/regulators-unfazed-by-upward-pressure-on-house-prices-20191204-p53gnj The country’s top financial regulators have tipped that an under construction of apartments will put further “upward pressure” on property prices, but they appear relaxed about the recent surge in Sydney and Melbourne house prices. The Council of Financial Regulators quarterly meeting statement published on Wednesday […] - [The "essential component" of broker businesses](https://accreditedbroker.com.au/the-essential-component-of-broker-businesses/): https://www.brokernews.com.au/news/breaking-news/the-essential-component-of-broker-businesses-268549.aspx Madison Utley| Broker News| 2 December 2019 The managing director of an award-winning aggregation group has encouraged brokers to fully embrace and invest in their marketing, as it is an “essential component” of running a successful business, whether new to industry or well-established. Brendan O’Donnell, current MD of Liberty Network Services, the 2019 Australian […] - [House price surge could force new tightening](https://accreditedbroker.com.au/house-price-surge-could-force-new-tightening/): https://www.afr.com/property/residential/house-price-surge-could-force-new-tightening-20191202-p53g4c Ingrid Fuary-Wagner| Australian Financial Review| 3 December 2019 Economists warn that Australia’s banking regulators will be pressured into introducing a new round of macroprudential tightening measures if the strong and swift surge in house prices continues into the new year. Property prices in Sydney surged 2.7 per cent in November, the highest monthly growth […] - [Housing finance up 15pc – but will it continue?](https://accreditedbroker.com.au/housing-finance-up-15pc-but-will-it-continue/): Housing finance increased steadily by another 1.3 per cent in September – taking growth since May to 15 per cent. Already, market commentators are predicting that Sydney and Melbourne will hit record highs in April 2020.  But where will the finance come from? This month the increase was driven by homebuyers, while investor lending dropped […] - [Brokers continue to dazzle](https://accreditedbroker.com.au/brokers-continue-to-dazzle/): Madison Utley| Australian Broker| 11 November 2019 https://www.brokernews.com.au/news/breaking-news/brokers-continue-to-dazzle-268027.aspx In its first year of operation, just 0.35% of the complaints lodged with the Australian Financial Complaints Authority (AFCA) were related to mortgage brokers. From 1 Nov 2018 to 31 October 2019, Australians lodged 73,272 complaints against their banks, insurance providers, super fund, or other financial firms […] - [Rates heading to 0.25% despite ‘upbeat’ RBA](https://accreditedbroker.com.au/rates-heading-to-0-25-despite-upbeat-rba/): Mortgage Business| 7 November 2019 https://www.mortgagebusiness.com.au/breaking-news/13974-rates-still-heading-to-0-25-despite-upbeat-rba-rhetoric he Reserve Bank remains on track to cut the cash rate twice in the coming months, despite singing a “more upbeat” tune in its statement on monetary policy, according to a senior economist. On Tuesday (5 November), the Reserve Bank of Australia (RBA) held the official cash rate at […] - [Aussie property prices set to break record highs by start of next year](https://accreditedbroker.com.au/aussie-property-prices-set-to-break-record-highs-by-start-of-next-year/): Jack Derwin| Australian Financial Review| 8 November 2019 https://www.afr.com/property/residential/aussie-property-prices-set-to-break-record-highs-by-start-of-next-year-20191108-p538l9 Property prices are soaring in Australia like it’s 2015. That may be welcome news for investors, but it’s bound to startle wannabe first home buyers. Not least of which because at this rate, prices look set to hit new heights in the first half of next […] - [Upswing in Australian housing finance approvals continues in September](https://accreditedbroker.com.au/upswing-in-australian-housing-finance-approvals-continues-in-september/): James Foster| Macro View| 7 November 2019 http://jamesfostermacro.blogspot.com/2019/11/upswing-in-australian-housing-finance.html The upswing in Australian housing finance owner-occupier approvals continued at pace in September rising by a sharp 3.6% on the month. On aggregate, the value of lending commitments is now expanding in annual terms for the first time in nearly 2 years. Today’s report was further confirmation of […] - [Reserve Bank Research: Competition Forces Banks to Reduce Rates](https://accreditedbroker.com.au/reserve-bank-research-competition-forces-banks-to-reduce-rates/): Reserve Bank analysis shows that more Australians are getting a better deal on their home loans, despite banks being under fire for not passing on interest rates in full. That is because lenders are forced to respond to increased competition. It also shows “very few” borrowers actually pay the Standard Variable Mortgage Rate (SVR), with […] - [First home buyer scheme advances to next step](https://accreditedbroker.com.au/first-home-buyer-scheme-advances-to-next-step/): Madison Utley| Australian Broker| 15 October 2019 https://www.brokernews.com.au/news/breaking-news/first-home-buyer-scheme-advances-to-next-step-267272.aspx The Senate has passed the legislation that will move the First Home Loan Deposit Scheme closer to becoming a reality.   The passage of the bill, originally introduced one month ago, means the National Housing Finance and Investment Corporation (NHFIC) will be able to offer the deposit guarantees […] - [This is how much you can save by switching loans to a smaller lender](https://accreditedbroker.com.au/this-is-how-much-you-can-save-by-switching-loans-to-a-smaller-lender/): Mike Bruce| The New Daily| 15 October https://thenewdaily.com.au/money/your-budget/2019/10/15/how-much-you-can-save-switching-loans/ Switching a mortgage from one of the big four banks to the lowest rate on the market will save almost $85,000 over the life of a $400,000 loan, figures reveal. As the big four banks face more pressure over their refusal to pass on interest rate cuts […] - [0.75% is a record low, but don’t think for a second the Reserve Bank has finished cutting the cash rate](https://accreditedbroker.com.au/0-75-is-a-record-low-but-dont-think-for-a-second-the-reserve-bank-has-finished-cutting-the-cash-rate/): Peter Martin| The Conversation| 1 October 2019 https://theconversation.com/0-75-is-a-record-low-but-dont-think-for-a-second-the-reserve-bank-has-finished-cutting-the-cash-rate-124499 Anyone who thought that with the Reserve Bank’s cash rate now close to zero, its run of interest rate cuts was over, needs only to read the last sentence of Governor Philip Lowe’s announcement after Tuesday’s cut: The Board will continue to monitor developments, including in the […] - [Four questions about mortgages the ACCC inquiry should put to the big four banks](https://accreditedbroker.com.au/four-questions-about-mortgages-the-accc-inquiry-should-put-to-the-big-four-banks/): Mark Humphrey-Jenner| The Conversation| 14 October 2019 https://theconversation.com/four-questions-about-mortgages-the-accc-inquiry-should-put-to-the-big-four-banks-125224 The Australian Competition and Consumer Commission conducted an inquiry into mortgage pricing as recently as last year. Now Treasurer Josh Frydenberg has asked it to do another, broader one, in order to ensure the banks’ pricing practices are “better understood”, and perhaps also to concentrate their minds […] - [Big banks face new ACCC pricing probe](https://accreditedbroker.com.au/big-banks-face-new-accc-pricing-probe/): Phillip Coorey| Australian Financial Review| 14 October 2019 https://www.afr.com/politics/federal/big-banks-face-new-accc-pricing-probe-20191013-p5307r Treasurer Josh Frydenberg has charged the consumer watchdog with investigating the refusal of the banks to pass on in full the recent spate of interest rate cuts, creating the potential for a further round of government intervention. After his calls for the banks to pass on […] - [Thousands of First Home Buyers to Miss Out](https://accreditedbroker.com.au/thousands-of-first-home-buyers-to-miss-out/): Tens of thousands of aspiring homeowners are likely to miss out on a new government scheme that would allow them to purchase a home with a 5 per cent deposit. The new First Home Loan Deposit Scheme, should help first home buyers enter the property market sooner, by providing 10,000 eligible Australians per year access […] - [The Time Log](https://accreditedbroker.com.au/the-time-log/): Anil Puri │ Director, Chan & Naylor Business Coaching [Link to the Time Log template] If you are like a lot of our clients, then lack of time can be a real issue for you. It’s easy to have a plan for the day and then end the day wondering where all of the time […] - [This Time it's Different](https://accreditedbroker.com.au/this-time-its-different/): The recent property downturn was unique – and this period of growth is unique too. For the first time, the recent downturn was driven by changes to credit policy (not interest rates or unemployment). Similarly, the way lenders approve loans (or not) will put a cap  on this property market. The property market is moving.  […] - [Credit curbs in sight as housing rebound accelerates](https://accreditedbroker.com.au/credit-curbs-in-sight-as-housing-rebound-accelerates-2/): Charbel Kadib| Mortgage Business| 3 September 2019 https://www.mortgagebusiness.com.au/breaking-news/13765-credit-curbs-in-sight-as-housing-rebound-accelerates Regulators could consider a fresh round of macro-prudential measures to keep debt levels at bay, according to one analyst, amid the growing possibility of a “V-shaped” recovery in the housing market. Property research firm CoreLogic has released its latest Hedonic Home Value Index, reporting a 0.8 per […] - [Net arrivals close to 300,000 per annum](https://accreditedbroker.com.au/net-arrivals-close-to-300000-per-annum/): Pete Wargent BlogSpot| 11 September 2019 https://petewargent.blogspot.com/2019/09/net-arrivals-close-to-300k-per-annum.html For the first time in a while there was a decrease in the rolling annual number of permanent and long-term arrivals into Australia, at 844,680 (up from 818,480 a year earlier, and close to the record highs).  Departures have declined over the past couple of months, so the […] - [The sleeper issue that could be a nightmare for banks](https://accreditedbroker.com.au/the-sleeper-issue-that-could-be-a-nightmare-for-banks/): Elizabeth Knight| Sydney Morning Herald| 5 September 2019 https://www.smh.com.au/business/banking-and-finance/the-sleeper-issue-that-could-be-a-nightmare-for-banks-20190904-p52nxm.html?fbclid=IwAR1-l_n0GX76pGccwj4CkS-ahEmlWJVW8UmPsIccXUXHk0FrqSPMRa6V2DQ The application of the proposed ‘best interest duty’ for mortgage brokers could be the sleeper issue that raises the bar on bank competition, and eats away at the established dominance of the big four. The application of this test would require mortgage brokers to ensure their […] - [DTI lending caps touted as future credit curbs](https://accreditedbroker.com.au/dti-lending-caps-touted-as-future-credit-curbs/): Charbel Kadib| Mortgage Business| 20 September 2019 https://www.mortgagebusiness.com.au/breaking-news/13822-debt-to-income-lending-caps-touted-as-future-credit-curbs?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin20_09_19&utm_medium=email&utm_content=1 Regulators could move to set caps on loan volumes for borrowers with high debt-to-income ratios if the housing market recovery continues to accelerate, according to analysts. Over the past few months, the housing market has shown signs of recovery after a prolonged period of subdued activity, which […] - [New credit laws could see homeowners pocket extra $40,000](https://accreditedbroker.com.au/new-credit-laws-could-see-homeowners-pocket-extra-40000/): Anastasia Santorenos| Yahoo Finance| 18 September 2019 https://au.finance.yahoo.com/news/new-credit-laws-to-see-homeowners-pocket-extra-40000-015323644.html Australian homeowners could now save around $40,000 over the course of their mortgages under new credit reporting laws introduced by the federal government. The laws, which were first introduced in 2014, have finally been adopted by the big banks, with Commonwealth Bank implementing the changes on Tuesday […] - [Credit curbs in sight as housing rebound accelerates](https://accreditedbroker.com.au/credit-curbs-in-sight-as-housing-rebound-accelerates/): Charbel Kadib| Mortgage Business| 3 September 2019 https://www.mortgagebusiness.com.au/breaking-news/13765-credit-curbs-in-sight-as-housing-rebound-accelerates Regulators could consider a fresh round of macro-prudential measures to keep debt levels at bay, according to one analyst, amid the growing possibility of a “V-shaped” recovery in the housing market. Property research firm CoreLogic has released its latest Hedonic Home Value Index, reporting a 0.8 per […] - [ASIC to appeal “steak and shiraz” ruling](https://accreditedbroker.com.au/asic-to-appeal-steak-and-shiraz-ruling/): Melanie Mingas| Australian Broker| 11 September 2019 https://www.brokernews.com.au/news/breaking-news/asic-to-appeal-steak-and-shiraz-ruling-266153.aspx ASIC has filed an appeal with the Full Federal Court of Australia after its responsible lending case against Westpac was dismissed during court proceedings last month. The loss dealt a significant blow for ASIC: it was the first legal test of the 2009 NCCP Act and the […] - [Mini housing boom will run out of steam: UBS](https://accreditedbroker.com.au/mini-housing-boom-will-run-out-of-steam-ubs/): Su-Lin Tan| Australian Financial Review| 16 September 2019 https://www.afr.com/property/residential/why-the-housing-mini-boom-won-t-last-20190916-p52rqi The current housing mini-boom triggered by two rate cuts will run out of steam, according to UBS. Weak credit growth, little pick-up in new housing development and very low levels of homes listed for sale in Sydney and Melbourne suggest there may not be enough fuel […] - [Sydney median house price rises in June quarter](https://accreditedbroker.com.au/sydney-median-house-price-rises-in-june-quarter/): Michael Bleby| Australian Financial Review| 17 September 2019 https://www.afr.com/property/residential/sydney-median-house-price-rises-to-875-000-20190917-p52s44 Sydney’s median house price rose to $875,000 in the June quarter, marking the first increase in a year as buyers returned to the market after the federal election and greater optimism about prospects for the property market. The higher median price – up from $870,000 in […] - [What's happening with lending standards?](https://accreditedbroker.com.au/whats-happening-with-lending-standards/): Pete Wargent BlogSpot| 13 September 2019 https://petewargent.blogspot.com/2019/09/whats-happening-with-lending-standards.html A bit of interesting chit-chat on the Twitter today concerning whether mortgage lending standards are looser, or tighter…or neither of the above. On the one hand, the minimum assessment rate for mortgages was lifted, and replaced by a minimum 250 basis points buffer as I looked at previously here (while […] - [Achieve More By Using This Simple Business Planning Method](https://accreditedbroker.com.au/achieve-more-by-using-this-simple-business-planning-method/): Anil Puri │ Director, Chan & Naylor Business Coaching From our experience working with finance brokers and real estate agents over the years, one of the key ways to guarantee better results is to have a simple way to set goals and put together a plan for your business. But many business planning methods are […] - [Sanity Comes to Lending as Optimism Comes to Property](https://accreditedbroker.com.au/sanity-comes-to-lending-as-optimism-comes-to-property/): Landmark decisions mean that borrowing is getting easier, just as buyers are inching back into the property market. This week Westpac had a stunning court victory against the Australian Securities and Investments Commission on how banks should assess borrowers’ living expenses and the resultant impact on an applicant’s borrowing capacity. Justice Perram’s judgement noted that […] - [The RBA is now considering the drastic measure of negative interest rates — meaning you could be paid to borrow money from the bank](https://accreditedbroker.com.au/the-rba-is-now-considering-the-drastic-measure-of-negative-interest-rates-meaning-you-could-be-paid-to-borrow-money-from-the-bank/): Jack Derwin| Business Insider| 12 August 2019 https://www.businessinsider.com.au/the-rba-is-now-considering-the-drastic-measure-of-negative-interest-rates-meaning-you-could-be-paid-to-borrow-money-from-the-bank-2019-8 Australians could soon be paid to borrow money from banks for the first time in history, as the Reserve Bank of Australia (RBA) says it’s prepared to take extraordinary steps to stimulate the economy. Facing up to the government’s standing economic committee on Friday, RBA governor Phillip […] - [Sydney price correction ‘close to an end’](https://accreditedbroker.com.au/sydney-price-correction-close-to-an-end/): Hannah Dowling| Mortgage Business| 6 August 2019 https://www.mortgagebusiness.com.au/breaking-news/13673-sydney-price-correction-close-to-an-end The NSW capital’s auction clearance rate hit its highest point in over two years last month, suggesting a market rebound, a new Domain report showed. According to Domain’s Sydney auction report card: July 2019, the clearance rate for Sydney auctions hit 69 per cent in July, the […] - [Mortgage approval values bounce back](https://accreditedbroker.com.au/mortgage-approval-values-bounce-back/): Hannah Dowling| Mortgage Business| 8 August 2019 https://www.mortgagebusiness.com.au/breaking-news/13686-mortgage-approval-values-bounced-back-in-june ABS data from June has reported an overall increase in lending values, driven by owner-occupiers and first home buyers. According to the latest Lending to Households and Businesses data from the Australian Bureau of Statistics (ABS), the total value of home loan approvals increased, in seasonally adjusted […] - [‘It’s just too hard’: ANZ CEO laments credit scrutiny](https://accreditedbroker.com.au/its-just-too-hard-anz-ceo-laments-credit-scrutiny/): Charbel Kadib| Mortgage Business| 14 August 2019 https://www.mortgagebusiness.com.au/breaking-news/13706-it-s-just-too-hard-anz-ceo-laments-credit-scrutiny ANZ will maintain a conservative approach to mortgage lending until the industry receives further clarity from regulators, CEO Shayne Elliott has said. Speaking at Aussie Home Loans’ 2019 Imagine conference in Sydney, ANZ CEO Shayne Elliott lamented the current state of affairs in the home lending space. […] - [ASIC loses landmark case against Westpac](https://accreditedbroker.com.au/asic-loses-landmark-case-against-westpac/): Tim Boyd| Australian Financial Review| 13 August 2019 https://www.afr.com/companies/financial-services/asic-loses-landmark-case-against-westpac-20190813-p52ggy In a landmark case for responsible lending, the Federal Court has dismissed allegations against Westpac, brought by the corporate regulator, that it breached responsible lending laws more than a quarter of a million times. Justice Nye Perram told a Sydney court room on Tuesday morning that […] - [Developers offer advisers $90,000 to flog high-rise apartments](https://accreditedbroker.com.au/developers-offer-advisers-90000-to-flog-high-rise-apartments/): Duncan Hughes| Australian Financial Review| 14 August 2019 https://www.afr.com/companies/financial-services/developers-offer-advisers-90-000-to-flog-high-rise-apartments-20190813-p52gk1 Commission payments of between $30,000 and $90,000 – plus extra incentives for multiple sales – are being offered by developers to buyers’ and real estate agents, financial advisers and accountants to sell houses and apartments. Lucrative financial incentives are increasing in the lead-up to the spring […] - [Household financial comfort dragged down by residential property price falls and weakening labour market: report](https://accreditedbroker.com.au/household-financial-comfort-dragged-down-by-residential-property-price-falls-and-weakening-labour-market-report/): The Real Estate Conversation| 12 August 2019 https://www.therealestateconversation.com.au/news/2019/08/12/household-financial-comfort-dragged-down-residential-property-price-falls-and Financial comfort in Australian households has dipped following residential property price falls and a weakening of the labour market, new research from ME Bank has revealed. The institution’s Household Financial Comfort Report has indicated people have been feeling worse about their net wealth, jobs, income and living expenses in the […] - [RBA update: Governor Lowe points to even lower rates](https://accreditedbroker.com.au/rba-update-governor-lowe-points-to-even-lower-rates/): Peter Martin| The Conversation| 9 August 2019 https://theconversation.com/rba-update-governor-lowe-points-to-even-lower-rates-121690 Reserve Bank Governor Philip Lowe has said two things about unemployment in the past few weeks. Together, they lead to an inescapable conclusion. The first was in a speech in May, expanded on in a speech in June. At both times the published unemployment rate was 5.2%. […] - [AFCA delivers $83m win for consumers and small business](https://accreditedbroker.com.au/afca-delivers-83m-win-for-consumers-and-small-business/): AFCA Media Release 15 July 2019 https://www.afca.org.au/news/media-releases/afca-delivers-83m-win-for-consumers-and-small-business/ Australian consumers and small businesses with financial complaints have collected over $83 million through the Australian Financial Complaints Authority (AFCA) in its first six months of operations. AFCA’s Six Month Report which was published today reveals the complaints body has received over 35,000 complaints, far exceeding initial forecasts. The report […] - [A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen](https://accreditedbroker.com.au/a-danish-bank-is-offering-mortgages-with-negative-interest-rates-why-you-shouldnt-wish-for-that-to-happen/): Jacob Passy| Market Watch| 13 August 2019 https://www.marketwatch.com/story/a-danish-bank-is-offering-mortgages-with-negative-interest-rates-why-you-shouldnt-wish-for-that-to-happen-in-the-us-2019-08-12 It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank , is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that it will offer a 20-year fixed-rate mortgage in […] - [Mortgage brokers record highest ever market share amidst tough market conditions](https://accreditedbroker.com.au/mortgage-brokers-record-highest-ever-market-share-amidst-tough-market-conditions/): MFAA | 19 June 2019 https://www.mfaa.com.au/news/mortgage-brokers-record-highest-ever-market-share-amidst-tough-market-conditions The mortgage broker channel has recorded its highest ever residential home loan market share result with brokers settling 59.7 per cent of all residential home loans during the January – March 2019 quarter, according to the latest data released by research group comparator, a CoreLogic business, and commissioned by the […] - [Best Month for Sydney auctions in almost two years](https://accreditedbroker.com.au/best-month-for-sydney-auctions-in-almost-two-years/): Ingrid Fuary-Wagner | Australian Financial Review | 30 June 2019 https://www.afr.com/real-estate/residential/best-month-for-sydney-auctions-in-almost-two-years-20190630-p522o1 Cashed-up buyers who have been biding their time and waiting out the downturn are now starting to make their move as selling agents report an influx of inquiries, more people through open homes and stronger competition at auctions, albeit it with very few properties […] - [Property Recovery Starts in Sydney, Melbourne](https://accreditedbroker.com.au/property-recovery-starts-in-sydney-melbourne/): Ingrid Fuary-Wagner | Australian Financia l Review| 1 July 2019 https://www.afr.com/real-estate/residential/property-recovery-starts-in-sydney-melbourne-20190627-p52202 Property price growth in Sydney and Melbourne is in positive territory for the first time since the market peaked in 2017, as lower mortgage rates and improved buyer sentiment in combination with a dearth of new listings spurs a market recovery. Values grew slightly […] - [What the interest rate cut means to your clients](https://accreditedbroker.com.au/what-the-interest-rate-cut-means-to-clients/): Stephen Letts | ABC | 3 July 2019 https://www.abc.net.au/news/2019-07-03/what-the-rate-cuts-mean-for-you/11273500?section=business Who said Australia’s big four banks run an oligopoly? Key points: The big banks have passed on between 80-88 per cent of the two RBA rate cuts Very little separates the ‘big four’ standard variable mortgage rates, which range from 4.92pc to 4.98pc The rate cut […] - [Why your credit score changed on July 1](https://accreditedbroker.com.au/why-your-credit-score-changed-on-july-1/): David Ross| Domain | 27 June 2019 https://www.domain.com.au/money-markets/why-your-credit-score-is-going-to-change-on-july-1-852970/ Lenders are set to learn a lot more about borrowers from July 1, with banks required to share more data on applicants than ever before. The full implementation of comprehensive credit reporting next month means everyone’s credit score is likely to change. It’s set to be a […] - [Open banking regime commences](https://accreditedbroker.com.au/open-banking-regime-commences/): Mortgage Business | 2 July 2019 https://www.mortgagebusiness.com.au/breaking-news/13565-open-banking-regime-commences The financial services sector has officially ushered in the first phase of the new open banking regime. The 2019-20 financial year has kicked off with the launch of the open banking regime, a framework designed to facilitate the open exchange of data in the private sector, beginning with […] - [Mortgage Brokers to get 75% of market](https://accreditedbroker.com.au/mortgage-brokers-to-get-75-of-market/): Mortgage brokers now arrange more loans than lenders do directly. 59.7 per cent of home loans are now arranged by mortgage brokers rather than by someone applying directly through their bank, according to Corelogic research. And the trend looks set to continue, with some industry-insiders predicting, ultimately, brokers will arrange 75 per cent of loans. […] - [RBA signals June rate cut](https://accreditedbroker.com.au/rba-signals-june-rate-cut/): Matthew Cranston | The Australian Financial Review | 21 May 2019 https://www.afr.com/news/economy/rba-signals-june-rate-cut-20190519-p51p12 Reserve Bank of Australia governor Philip Lowe has given his clearest signal yet that interest rates will be cut next month, suggesting that a recent rise in the unemployment rate was enough to prevent inflation targets from being met. “A lower cash rate […] - [Property's bumper policy week will lift house prices soon](https://accreditedbroker.com.au/propertys-bumper-policy-week-will-lift-house-prices-soon/): James Frost & John Kehoe | The Australian Financial Review | 20 May 2019 https://www.afr.com/real-estate/residential/property-s-bumper-policy-week-will-lift-house-prices-soon-20190524-p51qpk A suite of favourable policy proposals and drivers of property demand that materialised this week will not be enough to reverse falling house prices immediately but leading industry executives say a bounce is not far off. The shock re-election of […] - ['People are ringing for appraisals': Agents feel post-election pickup](https://accreditedbroker.com.au/people-appraisals-agents-feel-post-election-pickup/): Michael Bleby & Tim Boyd | The Australian Financial Review | 23 May 2019  https://www.afr.com/real-estate/residential/people-are-ringing-for-appraisals-agents-feel-post-election-pickup-20190523-p51qde Sydney’s housing market has welcomed the end of the federal election campaign, with vendors and buyers shaking off the uncertainty about negative gearing and capital gains tax changes. “It was pretty much Monday morning,” said Paddington agent Catherine Dixon of […] - [APRA scraps 7pc home loan buffer](https://accreditedbroker.com.au/apra-scraps-7pc-home-loan-buffer/): James Frost | The Australian Financial Review | 21 May 2019 https://www.afr.com/business/banking-and-finance/apra-scraps-7pc-home-loan-buffer-20190521-p51phr The Australian Prudential Regulation Authority has written to banks proposing the 7 per cent serviceability buffer on home loans be removed, in good news for borrowers and the property market. APRA’s serviceability buffers were introduced in December 2014 as a way of tempering […] - [Hallelujah: Brokers rejoice over Coalition win](https://accreditedbroker.com.au/brokers-rejoice-coalition-win/): James Frost & John Kehoe | The Australian Financial Review | 20 May 2019 https://www.afr.com/business/banking-and-finance/hallelujah-brokers-rejoice-over-coalition-win-20190520-p51p78 Mortgage brokers are celebrating the re-election of the Coalition and the salvation of valuable trailing commissions that were poised to be banned under a Labor government. Yellow Brick Road executive chairman Mark Bouris, who made pre-election robocalls to voters warning […] - [Phil Lowe's finger hovering above rate cut button](https://accreditedbroker.com.au/phil-lowes-finger-hovering-above-rate-cut-button/): Karen Maley | The Australian Financial Review | 10 May 2019 https://www.afr.com/business/banking-and-finance/phil-lowe-s-finger-hovering-above-rate-cut-button-20190510-p51m0d Australia is set to see interest rates hit fresh historic lows in coming months, unless strong jobs market and rising commodity prices come to the aid of dwindling growth and inflation. Reserve Bank governor Phil Lowe has his finger poised over the interest […] - [The case that could reshape banking](https://accreditedbroker.com.au/the-case-that-could-reshape-banking/): James Eyers & Misa Han | The Australian Financial Review | 10 May 2019 https://www.afr.com/business/banking-and-finance/inside-the-westpac-case-that-could-alter-banking-20190510-p51lz4 It’s a case that will define one of the most fundamental jobs of a bank – working out whether to lend to a customer. On one side is the Australian Securities and Investments Commission. The regulator has taken Westpac Banking […] - [ANZ says 7.25pc buffer has to go](https://accreditedbroker.com.au/anz-says-7-25pc-buffer-has-to-go/): James Frost & James Eyers | The Australian Financial Review | 1 May 2019 https://www.afr.com/business/banking-and-finance/anz-says-7-25pc-buffer-has-to-go-20190501-p51j0g ANZ chief executive Shayne Elliott urged the prudential regulator to scale back the buffer requiring new borrowers have the capacity to pay a 7.25 per cent interest rate, warning it was forcing the bank to turn away one in five […] - [Three-quarters of SMEs believe bank appetite has decreased](https://accreditedbroker.com.au/three-quarters-smes-believe-bank-appetite-decreased/): Annie Kane | The Adviser | 7 May 2019 https://www.theadviser.com.au/breaking-news/39077-three-quarters-of-smes-believe-bank-appetite-has-decreased Seventy-four per cent of small business owners believe that bank appetite for SME lending has decreased this financial year, while 30 per cent believe that access to capital is the biggest impediment to growth this year. According to a recent survey conducted by specialist business […] - [Where home prices rose and fell the most in every Australian capital city over the past year](https://accreditedbroker.com.au/home-prices-in-australian-capital-city-over-the-past-year/): David Scutt | Business Insider Australia | 10 May 2019 https://www.businessinsider.com.au/australia-house-prices-best-worst-performing-capital-city-2019-5 Australia’s median home price slumped 7.2% in the year to April. An even larger 8.4% decline was recorded in the capital cities in average weighted terms. The price falls in some regional capital city markets were substantially larger than the national average. In others, […] - [Majors commit to HEM alternatives](https://accreditedbroker.com.au/majors-commit-to-hem-alternatives/): Madison Utley | Australian Broker | 9 May 2019 https://www.brokernews.com.au/news/breaking-news/majors-commit-to-hem-alternatives-262695.aspx As Westpac and ASIC continue to clash over responsible lending measures and the big four face remediation bills of more than $5bn, focus has turned once again to the need to improve responsible lending frameworks. The HEM system –  which was repeatedly scrutinised during royal commission hearings, […] - [A Shot in the Arm for the Property Market](https://accreditedbroker.com.au/shot-in-the-arm-property-market/): Three events occurred recently that will inject life into the property market. First, the ALP lost the Federal Election – removing the threats to negative gearing. Then the Australian Prudential Regulator (APRA) announced changes to lending policy that will make getting a loan easier And, on the same day, the Reserve Bank (RBA) telegraphed that […] - [What's Next?](https://accreditedbroker.com.au/whats-next/): The property and finance industry is on the starter’s block but is unsure what the next race will be.  Certainly we are looking at profound changes. A May election could see a change of power in Canberra with a Labor Government poised to remove negative gearing for established properties.  While the majority of commentators are […] - [NAB axes controversial home loan referral program](https://accreditedbroker.com.au/nab-axes-controversial-home-loan-referral-program/): Clancy Yeates| Sydney Morning Herald| 25 March 2019 https://www.smh.com.au/business/banking-and-finance/nab-axes-controversial-home-loan-referral-program-20190325-p517b2.html Real estate agents, lawyers and sports clubs will no longer be able to receive payments from National Australia Bank for helping sell home loans, in a move aimed at rebuilding trust after the bank’s reputation took a battering at the royal commission. Acting chief executive Phil Chronican […] - [Mortgage brokers push for more concessions](https://accreditedbroker.com.au/mortgage-brokers-push-for-more-concessions/): James Frost| Australian Financial Review| 26 March 2019 https://www.afr.com/business/banking-and-finance/mortgage-brokers-push-for-more-concessions-20190326-p517oe Mortgage brokers continued to push the federal government and the opposistion for more concessions following their successful lobbying against a banking royal commission reform. Mark Haron, chief executive of mortgage broking aggreator Connective Group, said the industry was still lobbying against proposals that might undermine the […] - [Treasurer delays trail abolition date](https://accreditedbroker.com.au/treasurer-delays-trail-abolition-date/): Annie Kane| 12 March 2019| The Adviser https://www.theadviser.com.au/breaking-news/38899-treasurer-delays-trail-abolition-date Treasurer Josh Frydenberg has said that the government will look at reviewing the impacts of removing trail in three years’ time rather than abolishing it next year as originally announced, following concerns regarding competition. In an announcement on Tuesday (12 March), Treasurer Josh Frydenberg said that “following […] - [Housing credit growth lowest since records began](https://accreditedbroker.com.au/housing-credit-growth-lowest-since-records-began/): Matthew Cranston| The New Daily| 29 March 2019 https://www.afr.com/news/economy/housing-credit-growth-lowest-since-records-began-20190329-p518vf Credit growth for housing has shown a mild recovery in February but the annual growth rate has hit the lowest level since records started in 1977. The monthly figure showed housing credit rose 0.3 per cent in February, according to figures published by the Reserve Bank […] - [How banks made their case on credit, culture in Hong Kong](https://accreditedbroker.com.au/how-banks-made-their-case-on-credit-culture-in-hong-kong/): Chanticleer| Australian Financial Review| 28 March 2019 https://www.afr.com/chanticleer/how-banks-made-their-case-on-credit-culture-in-hong-kong-20190328-p518nk Hong Kong | There’s nothing like a trip overseas to remind you of Australia’s place on the world stage. But at the Credit Suisse Asian Investment Conference in Hong Kong this week there is one aspect of Australian business life that drew a good deal of fascination […] - [Sam and the honest broker: why Commissioner Hayne wants mortgage brokers to charge fees](https://accreditedbroker.com.au/sam-and-the-honest-broker-why-commissioner-hayne-wants-mortgage-brokers-to-charge-fees/): Kevin Davis| The Conversation| 25 March 2019 https://theconversation.com/sam-and-the-honest-broker-why-commissioner-hayne-wants-mortgage-brokers-to-charge-fees-114071 The Royal Commission recommendation that mortgage broker commissions, currently paid by lenders, should be replaced by up-front fees paid by borrowers, has been controversial to say the least. Royal Commissioner Kenneth Hayne wanted to eliminate first the “trail”, or annual ongoing commission paid by lenders to brokers, […] - [‘A bird in the hand’: Vendors increasingly open to pre-auction sales](https://accreditedbroker.com.au/a-bird-in-the-hand-vendors-increasingly-open-to-pre-auction-sales/): Cait Kelly| 27 March 2019| The New Daily https://thenewdaily.com.au/money/property/2019/03/27/property-sold-before-auction/ As property prices continue to fall across the country, houses and apartments are increasingly being sold before auction, industry figures say. Nervous vendors are being met by assertive buyers looking to stamp out competition and secure a sale without the stress of an auction. Head of […] - [Labor to end negative gearing concessions for new investors on January 1](https://accreditedbroker.com.au/labor-to-end-negative-gearing-concessions-for-new-investors-on-january-1/): Henry Belot| The New Daily| 29 March 2019 https://thenewdaily.com.au/news/national/2019/03/29/labor-negative-gearing-concessions/ A Labor government would scrap negative gearing concessions for new investors on January 1 next year, earlier than many analysts and commentators predicted. Shadow Treasurer Chris Bowen said the long-awaited start date would still provide enough time for scrutiny of the legislation and more industry consultation. […] - [ANZ and NAB bosses say banks are still 'ready to lend' amid responsible lending clampdown](https://accreditedbroker.com.au/anz-and-nab-bosses-say-banks-are-still-ready-to-lend-amid-responsible-lending-clampdown/): Stephanie Chalmers| ABC Online| 27 March 2019 https://www.abc.net.au/news/2019-03-27/anz-and-nab-bosses-face-parliamentary-grilling/10943760?section=business The bosses of ANZ and NAB have told a parliamentary hearing their banks are willing to lend, amid a greater focus on responsible lending in the wake of the banking royal commission. Key points: The bosses of ANZ and NAB are facing their biannual grilling by a […] - [Coalition backs down on ending trail commissions for mortgage brokers](https://accreditedbroker.com.au/coalition-backs-down-on-ending-trail-commissions-for-mortgage-brokers/): Philip Coorey, John Kehoe & Natasha Gillezeau| Australian Financial Review| 12 March 2019 https://www.afr.com/news/politics/coalition-backs-down-on-ending-trail-commissions-for-mortgage-brokers-20190312-h1caoj The federal government has backflipped on a key recommendation of the banking royal commission and will no longer ban trail commissions for mortgage brokers from 2020, as it promised to do last month. Instead, it will hold a review into whether […] - [Labor rejects royal commission via mortgage broker backflip](https://accreditedbroker.com.au/labor-rejects-royal-commission-via-mortgage-broker-backflip/): Christopher Joye| Australian Financial Review| 22 February 2019 https://www.afr.com/personal-finance/banking/labor-rejects-royal-commission-via-mortgage-broker-backflip-20190222-h1bkzj?fbclid=IwAR1A7I8Hdf-hMrm_20dXN6ONb9LaFaDe_DLCd53WILyaj8nukz9Go78B-5E Labor has made an important policy backflip on mortgage brokers that has resulted in it formally rejecting one of the royal commission’s most significant recommendations, which undermines its credibility in the brewing election debate. Labor can no longer claim to have accepted the royal commission’s recommendations, […] - [Labor proposes fixed-rate commission for mortgage brokers](https://accreditedbroker.com.au/labor-proposes-fixed-rate-commission-for-mortgage-brokers/): Amy Remeikis| The Guardian| 22 February 2019 https://www.theguardian.com/australia-news/2019/feb/22/labor-proposes-fixed-rate-commission-for-mortgage-brokers?fbclid=IwAR3vBnEVU1qAuaoysKM8ivuhkWx2YR_T5kP8sUCF0dPjZ1SJeT8gd2J-3qA Labor has backed away from the royal commission’s recommendation of user-pays fees for service for mortgage brokers. Labor has proposed a fixed-rate commission for mortgage brokers rather than accept the banking royal commission recommendation to apply user-pay fees to the service. Commissioner Kenneth Hayne had recommended clients […] - [Interest rates not the real barrier to rebooting of property market](https://accreditedbroker.com.au/interest-rates-not-the-real-barrier-to-rebooting-of-property-market/): Ingrid Fuary-Wagner| Australian Financial Review| 8 February 2019 https://www.afr.com/real-estate/interest-rates-not-the-real-barrier-to-rebooting-of-property-market-20190207-h1ayrq A possible cut to interest rates this year will boost buyer confidence but there’s still a major roadblock preventing a sudden turnaround in the property market. The Reserve Bank’s shift in its outlook this week signalling a possible cut to the cash rate has prompted excitement […] - [Aussie's James Symond says Hayne change will destroy mortgage competition](https://accreditedbroker.com.au/aussies-james-symond-says-hayne-change-will-destroy-mortgage-competition/): James Eyers| Australian Financial Review| 15 February 2019 https://www.afr.com/business/banking-and-finance/aussies-james-symond-says-hayne-change-will-destroy-mortgage-competition-20190215-h1bang The elimination of mortgage broking trailing commissions will halve the average annual income of a broker to $40,000, triggering an exodus from the industry and choking off bricks-and-mortar distribution for small and foreign home-loan lenders, says Aussie Home Loans chief James Symond. He warns the industry […] - [Morrison backs brokers despite warning from banking royal commission](https://accreditedbroker.com.au/morrison-backs-brokers-despite-warning-from-banking-royal-commission/): Shane Wright & Clancy Yeates| Australian Financial Review| 11 February 2019 https://www.smh.com.au/politics/federal/morrison-backs-brokers-despite-warning-from-banking-royal-commission-20190211-p50wzv.html?fbclid=IwAR0tLu7eaQNlNrPuyQ-UnAWDDPD077cybyd1B7TrHHb-8SOYBDGvKbFVfME Scott Morrison has backed the mortgage broking industry in the face of demands from the banking royal commission for major changes to how brokers are paid, saying he does not want the sector to “wither on the vine”. As the peak body for […] - ['Right to be cautious': Philip Lowe, Matt Comyn back a role for mortgage brokers](https://accreditedbroker.com.au/right-to-be-cautious-philip-lowe-matt-comyn-back-a-role-for-mortgage-brokers/): James Eyers| Australian Financial Review| 6 February 2019 https://www.afr.com/business/banking-and-finance/right-to-be-cautious-philip-lowe-matt-comyn-back-a-role-for-mortgage-brokers Reserve Bank governor Philip Lowe has backed Treasurer Josh Frydenberg’s cautious approach towards the royal commission’s call for bank-paid mortgage broker commissions to be replaced with customer-paid fees, saying the impact on competition required consideration. Commonwealth Bank chief executive Matt Comyn also engaged in the most […] - [Tick of Approval for Mortgage Broking](https://accreditedbroker.com.au/1720/): In a matter of weeks, the broking industry has gone from being on life support to having a major tick of approval from whichever party could form Government at the forthcoming federal election. After some left-field recommendations from the banking Royal Commission, many feared for the future for mortgage broking and how it gives a […] - [Non-bank firms are now big players in America’s mortgage market](https://accreditedbroker.com.au/non-bank-firms-are-now-big-players-in-americas-mortgage-market/): The Economist| 29 November 2018 TWICE IN THE past 30 years, housing finance has taken down America’s economy. As interest rates rise and the housing market stutters (see article), regulators are again pondering the risks from the mortgage market—this time from a shift towards non-bank originators. Upgrade your inbox and get our Daily Dispatch and […] - [Reserve Bank leaves interest rates on hold at 1.5pc, many analysts don't expect a rise until 2020](https://accreditedbroker.com.au/reserve-bank-leaves-interest-rates-on-hold-at-1-5pc-many-analysts-dont-expect-a-rise-until-2020/): Michael Janda| ABC Online| 4 December 2018 The Reserve Bank has left official interest rates on hold at a record low 1.5 per cent for the 26th consecutive RBA board meeting. Key points: Interest rates have been on hold for 28 months, during which the RBA board has met 26 times The RBA governor says […] - [Government to provide more funds for prosecuting bank crime](https://accreditedbroker.com.au/government-to-provide-more-funds-for-prosecuting-bank-crime/): Michelle Grattan| The Conversation| 16 November 2018 The government has announced an extra $51.5 million to boost resources for the prosecution of criminal misconduct by banks and other financial institutions and the processing of civil claims. Of this, $41.6 million will go to the Commonwealth Director of Public Prosecutions (CDPP) over eight years, and $9.9 […] - [We’ll wait an eternity for the banks to fix themselves. Here’s what we can do now](https://accreditedbroker.com.au/well-wait-an-eternity-for-the-banks-to-fix-themselves-heres-what-we-can-do-now/): Paul Johnson| The Conversation| 27 November 2018 Asked at the banking royal commission how long it might take to embed the right culture in the National Australia Bank, its chairman Ken Henry replied: ten years. As head of the Commonwealth Treasury before he left to join the NAB board in 2011, Dr Henry was regarded […] - [Good luck forecasting house prices, but one worm has turned](https://accreditedbroker.com.au/good-luck-forecasting-house-prices-but-one-worm-has-turned/): Michael Pascoe| The New Daily| 4 December 2018 there’s no praise or notice for saying what “everybody else” is saying. This leads to the outlier forecasts, the predictions above or below the consensus. These are the ones most likely to get the forecaster’s name in the newspaper and, thus, there is a temptation to go a […] - [Revealed: The Regional Boomtowns Where Home Prices Are Soaring](https://accreditedbroker.com.au/revealed-the-regional-boomtowns-where-home-prices-are-soaring/): Isabelle Lane| The New Daily| 28 November 2018 As the property downturn deepens in Sydney and Melbourne, investors are turning their attention to once-ignored regional markets, with one town standing out among the pack of top performers. No longer in Melbourne’s shadow, the Victorian port city of Geelong is the nation’s best performing regional market, according to a new report […] - [Property price falls trigger buyer’s remorse, but long-term perspective is needed](https://accreditedbroker.com.au/property-price-falls-trigger-buyers-remorse-but-long-term-perspective-is-needed/): Isabelle Lane| The New Daily|4 December 2018 A survey of 1500 current and prospective home buyers by home loan lender ME found home owners who bought their properties in the past year were significantly more worried about the impact of prices falling than those who had bought three or more years ago. Almost half (46 per cent) of those who […] - [Furphies and Shockers from the Royal Commission](https://accreditedbroker.com.au/furphies-and-shockers-from-the-royal-commission/): The banking Royal Commission has unearthed some horror stories and some furphies. Last month, CBA revealed to the Commission that there are now 1300 brokers earning more than $1 million a year, and the top 200 brokersare pocketing more than $2.5 million. Undoubtedly, mortgage broking can be a highly rewarding career, but CBA’s figures gild […] - [Capital city land price boom continues](https://accreditedbroker.com.au/capital-city-land-price-boom-continues/): Pete Wargent BlogSpot\ 23 October 2018 http://petewargent.blogspot.com/2018/10/land-price-boom-continues.html Land prices up another 16 per cent Property transaction volumes have been crippled in recent months. But one key dynamic has not changed. The capital cities continue to create hundreds of thousands of the most favourable employment opportunities…and there still ain’t any more well-located land. Capital city vacant […] - [Consultation on mortgages a ‘fundamental human need’: ANZ CEO](https://accreditedbroker.com.au/consultation-on-mortgages-a-fundamental-human-need-anz-ceo/): Annie Kane| The Adviser| 23 October 2018 https://www.theadviser.com.au/breaking-news/38396-consultation-on-mortgages-a-fundamental-human-need-anz-ceo The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental human need” and one that he envisages will play a role despite technological advances. During the opening plenary session at the SWIFT International Banking Operations […] - [Open banking: Refinance in 15 minutes](https://accreditedbroker.com.au/open-banking-refinance-in-15-minutes/): Rebecca Pike| Australian Broker| 18 October 2018 https://www.brokernews.com.au/news/breaking-news/open-banking-refinance-in-15-minutes-256287.aspx Open banking could see borrowers refinancing their home loans in 15 minutes, according to one panellist at a recent fintech summit. The event, held in Sydney on Tuesday (16 October), focused on how digital innovation was changing finance. The program included speakers and panel discussions on topics […] - [Broker role vital in CCR landscape](https://accreditedbroker.com.au/broker-role-vital-in-ccr-landscape/): Rebecca Pike| Accredited Broker| 24 October 2018 https://www.brokernews.com.au/news/breaking-news/broker-role-vital-in-ccr-landscape-256510.aspx It has been nearly a month since the deadline for the major banks to share 50% of their credit information as part of the rollout of comprehensive credit report (CCR), but some lenders have been sharing data for much longer. One such lender has explained to Australian […] - [Fintech lender joins broker panel](https://accreditedbroker.com.au/fintech-lender-joins-broker-panel/): Rebecca Pike| Australian Broker| 25 October 2018 https://www.brokernews.com.au/news/breaking-news/fintech-lender-joins-broker-panel-256558.aspx A broking group has announced a new lender to its panel offering unsecured personal loans with personalised interest rates. MoneyPlace explained to Australian Broker recently how sharing data through comprehensive credit reporting (CCR) has allowed them to reward good borrowers with great rates. Through a new partnership […] - [Brokers 60% share of lender’s loans](https://accreditedbroker.com.au/brokers-60-share-of-lenders-loans/): Rebecca Pike| Australian Broker| 25 October 2018 https://www.brokernews.com.au/news/breaking-news/brokers-60-share-of-lenders-loans-256559.aspx Brokers made up 60% of new lending at state government-backed HomeStart over the last financial year. As an ‘integral and growing contributor’, the broker channel increased from 54% of loans settled last year, with 988 new loans worth $302million this year. Overall, the non-bank helped 1779 people […] - [First home buyers at highest level in 8 years](https://accreditedbroker.com.au/first-home-buyers-at-highest-level-in-8-years/): Rebecca Pike| Australian Broker| 26 October 2018 https://www.brokernews.com.au/news/breaking-news/first-home-buyers-at-highest-level-in-8-years-256609.aspx Lending to first home buyers has grown by 74% in Sydney in the last year, according to a report released this week. QBE’s Australian Housing Outlook 2018-2021 also looks at property price prediction and expects house prices to grow over the next three years, apart from in […] - [Digital bank founder talks brokers](https://accreditedbroker.com.au/digital-bank-founder-talks-brokers/): Rebecca Pike| Australian Broker| 27 October 2018 https://www.brokernews.com.au/news/breaking-news/digital-bank-founder-talks-brokers-256652.aspx A fintech founder with a passion to change the way banking is done, has explained why he will not be disregarding the broker channel in the future. Speaking to Australian Broker at Salesforce’s Financial Services Basecamp in Sydney last week, the co-founder and CEO of volt, Steve […] - [Welcome to a whole new world of mortgages](https://accreditedbroker.com.au/welcome-to-a-whole-new-world-of-mortgages/): Any property buyer can tell you that the lending world has changed. But, changed lending criteria driven by the Australian Prudential Regulation Authority (APRA) is superficial compared to what is about to happen due to technological changes. Fintech has the potential to radically transform the world of property and finance – yet it also implies […] - [Banking Royal Commission Interim Report: Business Lending in the Clear](https://accreditedbroker.com.au/banking-royal-commission-interim-report-business-lending-in-the-clear/): James Eyers| Australian Financial Review| 28 September 2018 https://www.afr.com/business/banking-and-finance/financial-services/banking-royal-commission-interim-report-business-lending-in-the-clear-20180928-h15zcu Business lending is highly unlikely to face calls for tougher regulation in the final report of the royal commission, after Commissioner Kenneth Hayne suggested the hearings did not identify any need for consumer law protections to be extended to cover small business loans. “The evidence and […] - [Banking Royal Commission Interim Report: End to Trailing Commissions for Mortgage Brokers](https://accreditedbroker.com.au/banking-royal-commission-interim-report-end-to-trailing-commissions-for-mortgage-brokers/): James Eyers & Joyce Moullakis| Australian Financial Review| 28 September 2018 https://www.afr.com/business/banking-and-finance/financial-services/banking-royal-commission-interim-report-end-to-trailing-commissions-for-mortgage-brokers-20180928-h15zcw Up-front and trailing commissions paid to mortgage brokers by lenders are making the home loan market more risky, the royal commission said in its interim report, keeping the prospect of a clampdown on broker pay alive. The report said “assertions” by Aussie Home […] - [Small Business Blames 'Real Tightening' in Credit on Banking Royal Commission](https://accreditedbroker.com.au/small-business-blames-real-tightening-in-credit-on-banking-royal-commission/): John Kehoe| Australian Financial Review| 23 September 2018 https://www.afr.com/news/small-business-blames-real-tightening-in-credit-on-the-banking-royal-commission-20180922-h15qg6 Small business says it is facing a credit crunch and is blaming the royal commission into financial services for causing nervous banks to slow lending to the self-employed. The moderation in lending to small firms in recent months appears to be an unintended consequence of anecdotal […] - [Bank Withdraws SMSF Lending](https://accreditedbroker.com.au/bank-withdraws-smsf-lending/): Rebecca Pike| Australian Broker| 27 September 2018 https://www.brokernews.com.au/news/breaking-news/bank-withdraws-smsf-lending-255441.aspx The number of banks offering self-managed super fund (SMSF) lending has dropped again as another lender announces it is pulling the product from its offering. AMP has followed similar moves from CBA and Westpac in discontinuing the lending. The bank said it will continue to support existing […] - [NAB Makes Changes to Broker Commissions](https://accreditedbroker.com.au/nab-makes-changes-to-broker-commissions/): Rebecca Pike| Australian Broker| 11 September 2018 https://www.brokernews.com.au/news/breaking-news/nab-makes-changes-to-broker-commissions-254779.aspx A major lender is making changes to how mortgage broker commissions are calculated, becoming the first of the big four to do so. NAB is introducing the changes in line with recommendations of the ASIC Broker Remuneration Review and Sedgwick Retail Banking Remuneration Review. From November 2018, […] - [Refinancing surges by 29% across east coast during FY22](https://accreditedbroker.com.au/refinancing-surges-by-29-across-east-coast-during-fy22/): Sam Nicholls| Mortgage Business| 2 August 2022 Refinancing surges by 29% across east coast during FY22 – Mortgage Business The number of borrowers refinancing across Australia’s three eastern states hit record figures over the 2022 financial year, according to new PEXA data. As highlighted in PEXA’s latest Mortgage Insights Report, there was a record 331,976 property […] - [Funding cost pressures should ease by 2023: Pepper](https://accreditedbroker.com.au/funding-cost-pressures-should-ease-by-2023-pepper/): Annie Kane| Mortgage Business| 2 August 2022 Funding cost pressures should ease by 2023: Pepper – Mortgage Business Rising cost of funds are impacting both banks and non-banks at the moment, but should ease from next year, the non-bank lender’s treasurer has noted. The treasurer of Pepper Money, Anthony Moir, has outlined that while lenders […] - [Mortgage lending continues steady growth](https://accreditedbroker.com.au/mortgage-lending-continues-steady-growth/): Kate Aubrey| Mortgage Business| 1 August 2022 Mortgage lending continues steady growth – Mortgage Business Home loan lending remains “stable” over June, with all four major banks reporting an increase to their loan book, according to APRA. New authorised deposit-taking institution (ADI) data from the Australian Prudential Regulation Authority’s (APRA) has shown that total residents […] - [Who wins in a cooling property market?](https://accreditedbroker.com.au/who-wins-in-a-cooling-property-market/): The property market is cooling – primarily due to rising mortgage rates.  However, many businesses can thrive in this environment. When rates are going up, just turning up at your local bank for a mortgage and expecting to get a loan is not going to cut the mustard. And this has proven to the case […] - [Now is the best time to be a broker](https://accreditedbroker.com.au/now-is-the-best-time-to-be-a-broker/): Micah Guiao| Australian Broker| 21 June 2022 Now is the best time to be a broker (brokernews.com.au) The combination of rising interest rates, higher costs of living, and a cooling market means there has never been a more exciting time to be mortgage broker, says Yellow Brick Road Home Loans. Brokers are poised to play […] - [Brokers writing majority of bank mortgages](https://accreditedbroker.com.au/brokers-writing-majority-of-bank-mortgages/): Annie Kane| 16 June 2022| Mortgage Business Brokers writing majority of bank mortgages – Mortgage Business Nearly 58 per cent of loans funded by banks are originated by the third-party channel, according to APRA statistics. According to the Australian Prudential Regulation Authority’s (APRA) latest Quarterly Authorised Deposit-taking Institution (ADI) Property Exposures publication (for the quarter ended 31 […] - [Are we in a property boom, a bust, or a normal market?](https://accreditedbroker.com.au/are-we-in-a-property-boom-a-bust-or-a-normal-market/): Elizabeth Redman| 30 May 2022| Domain Australia house prices: After the property boom, what is a normal real estate market? (smh.com.au) The property market has weakened since last autumn’s boom, but with plenty of competition around for the most outstanding homes, agents say it has turned into a more normal market. So what is a […] - [The property type defying the downturn, for now](https://accreditedbroker.com.au/the-property-type-defying-the-downturn-for-now/): Kate Burke| Domain| 20 June 2022 Australia house prices: The property type defying the downturn, for now (smh.com.au) Property prices for cheaper homes are holding up the best in Sydney and Melbourne’s cooling markets, while affordable homes are seeing the strongest growth in most other cities. Less expensive properties outperformed their pricier counterparts over the […] - [Swapping stamp duty for land tax would push down house prices but push up apartment prices, new modelling finds](https://accreditedbroker.com.au/swapping-stamp-duty-for-land-tax-would-push-down-house-prices-but-push-up-apartment-prices-new-modelling-finds/): Jason Nassios & James Giesecke| The Conversation| 20 June 2022 Swapping stamp duty for land tax would push down house prices but push up apartment prices, new modelling finds (theconversation.com) In Tuesday’s budget, NSW will announce a switch from stamp duty to land tax. It will become the second Australian jurisdiction to do so, with the […] - [Domain Spotlight Report – New South Wales](https://accreditedbroker.com.au/domain-spotlight-report-new-south-wales/): Domain Research| 23 June 2022 Domain Spotlight Report – New South Wales It’s no secret that the NSW property market is the priciest in Australia, and Sydney competes on a global scale as one of the world’s most expensive cities in which to purchase a home. Though you’ll be hard-pressed to match the lifestyle and […] - [The housing game has changed – interest rate hikes hurt more than before](https://accreditedbroker.com.au/the-housing-game-has-changed-interest-rate-hikes-hurt-more-than-before/): Joey Moloney and Breandan Coates| The Conversation| 7 June 2022 The housing game has changed – interest rate hikes hurt more than before (theconversation.com) The Reserve Bank has lifted the cash rate for the second time in two months, this time by 0.50 points to 0.85%. It won’t be the last such hike. Forecasters expect […] - [NSW to introduce ‘shared equity’ scheme to boost home ownership](https://accreditedbroker.com.au/nsw-to-introduce-shared-equity-scheme-to-boost-home-ownership/): Phoebe Loomes| New Daily| 19 June 2022 NSW to introduce ‘shared equity’ scheme to boost home ownership (thenewdaily.com.au) Frontline workers and singles over 50 will receive “a leg up” into the NSW property market, with the state government to introduce a shared equity housing scheme in this week’s budget. Premier Dominic Perrottet says housing affordability is […] - [Buyer beware: The choice between land tax and stamp duty](https://accreditedbroker.com.au/buyer-beware-the-choice-between-land-tax-and-stamp-duty/): Robert Harley| Australian Financial Review| 23 June 2022 https://www.afr.com/property/commercial/buyer-beware-the-choice-between-land-tax-and-stamp-duty-20220622-p5avlt Karl Fitzgerald, the advocacy director at Prosper Australia, is a strong believer in the benefits of replacing property stamp duty with a broad-based land tax. But he has a warning for first-home buyers attracted to the Perrottet government’s proposal for an opt-in annual land tax to replace stamp […] - [Council of Financial Regulators closely watching housing market for financial stress](https://accreditedbroker.com.au/council-of-financial-regulators-closely-watching-housing-market-for-financial-stress/): Richard Gluyas| The Australian| 23 June 2022 https://www.theaustralian.com.au/business/financial-services/council-of-financial-regulators-closely-watching-housing-market-for-financial-stress/news-story/f81e7d9ea6c66788424489b8cb80f9bf The Council of Financial Regulators is keeping a close eye on emerging risks in the housing market, amid rising pressure on household budgets from banks passing on Reserve Bank rate hikes to their customers. The CFR, which had its regular quarterly meeting of the four main financial […] - [Why things won't go back to how they were](https://accreditedbroker.com.au/why-things-wont-go-back-to-how-they-were/): There’s no doubt that Covid has radically changed the property market. It has also revolutionised mortgages. With 67 per cent of loans now written by brokers, the old business model of just walking into your branch is dead. And, with Covid often causing banks to close branches, the only reliable fact is that a borrower […] - [Vital Signs: What’s wrong with Australian mortgages? They’re fixed for shareholders, not home owners](https://accreditedbroker.com.au/vital-signs-whats-wrong-with-australian-mortgages-theyre-fixed-for-shareholders-not-home-owners/): https://theconversation.com/vital-signs-whats-wrong-with-australian-mortgages-theyre-fixed-for-shareholders-not-home-owners-176234 Richard Holden| The Conversation| 4 February 2022 If you’re paying off a mortgage – or aspiring to – imagine if you didn’t have to worry so much about rising interest rates. That’s already the reality for US home buyers. Unlike in Australia, most mortgages in the US have a fixed-interest rate, locked in for […] - [‘Correction’: The banks are predicting the biggest housing crash in decades. But will they be right?](https://accreditedbroker.com.au/correction-the-banks-are-predicting-the-biggest-housing-crash-in-decades-but-will-they-be-right/): https://thenewdaily.com.au/finance/property/2022/02/09/banks-house-prices/ Matthew Elmas| The New Daily| 9 February 2022 There has been a big change in the outlook for house prices in the past week – two of Australia’s major banks are now predicting the biggest crash in decades. After two years of rapidly rising prices, most home owners have gained more wealth from their […] - [Australia’s property market hits $688 billion in sales, up 57% in 12 months](https://accreditedbroker.com.au/australias-property-market-hits-688-billion-in-sales-up-57-in-12-months/): https://www.pexa.com.au/news/australias-property-market-hits-688-billion-in-sales-up-57-in-12-months PEXA News Release| 9 February 2022 The Australian property market has proven its strength as the backbone of the nation’s economy during the global COVID-19 pandemic, with the national aggregate value of property sale settlements growing a massive 57% from 2020, with Australians spending more than $688 billion on property in 2021. The Property and […] - [Housing supply needs to be more flexible: RBA governor](https://accreditedbroker.com.au/housing-supply-needs-to-be-more-flexible-rba-governor/): https://www.mortgagebusiness.com.au/breaking-news/16488-housing-supply-needs-to-be-more-flexible-rba-governor Annie Kane| Mortgage Business| 14 February 2022 The supply of “well-located” land needs to be addressed to improve housing affordability, the governor of the Reserve Bank of Australia, Philip Lowe, has said. Speaking to the House of Representatives standing committee on economics for its hearing on monetary policy on Friday (11 February), the governor […] - [Economists predict interest rates will surge soon despite Reserve Bank's assurances](https://accreditedbroker.com.au/economists-predict-interest-rates-will-surge-soon-despite-reserve-banks-assurances/): https://www.brokernews.com.au/news/breaking-news/economists-predict-interest-rates-will-surge-soon-despite-reserve-banks-assurances-279534.aspx Mina Martin| Australian Broker| 7 February 2022 Economists remain adamant when it comes to predicting a cash rate increase this year, despite Reserve Bank of Australia’s latest economic forecast suggesting it might be some way off. RBA’s quarterly statement on monetary policy predicted faster economic growth in the near term as well as a […] - [Threat of 'postcode discrimination' as credit scores skewed by where you live](https://accreditedbroker.com.au/threat-of-postcode-discrimination-as-credit-scores-skewed-by-where-you-live/): Daniel Ziffer| ABC| 7 February 2022 https://www.abc.net.au/news/2022-02-07/threat-of-postcode-discrimination-in-credit-scores/100723574?fbclid=IwAR36VZplMBBVdFVzo7YDscYRWs92ab_vJNQ-7i9-SPHlscyAeKvbn7hkI9M Where you live could determine if you can get a mortgage, with Australia’s biggest credit scoring company now applying postcode data when assessing applications. Key points: People’s credit scores are used by banks in determining if they should be approved for loans and credit cards Market leader Equifax […] - [More changes to finance](https://accreditedbroker.com.au/more-changes-to-finance/): A new approach to lending could have a dramatic impact on whether Australians can get a mortgage. A letter sent from the Australian Prudential Regulation Authority (APRA) to the banks shows how it is developing an arsenal of weapons to stop the market getting away from itself. Already this month, lending changes enforced by APRA […] - [‘A good sign for buyers’: Clearance rates drop as more homes hit the market](https://accreditedbroker.com.au/a-good-sign-for-buyers-clearance-rates-drop-as-more-homes-hit-the-market/): Tawar Razaghi| Domain| 10 November 2021 https://www.domain.com.au/news/clearance-rates-drop-as-more-homes-hit-the-market-potentially-tipping-in-buyers-favour-1102611/?utm_campaign=strap-masthead&utm_source=smh&utm_medium=link&utm_content=pos5&ref=pos1 The property market’s high tide could slowly be turning, agents say, as more homes hit the market, stricter stress tests on borrowing kick in, the RBA signals rate hikes earlier than expected and the end of lockdowns mean potential buyers are booking overseas holidays rather than shopping for […] - [DTI limits and buffers in APRA's arsenal to manage credit risk](https://accreditedbroker.com.au/dti-limits-and-buffers-in-apras-arsenal-to-manage-credit-risk/): Annie Kane| Mortgage Business| 11 November 2021 https://www.mortgagebusiness.com.au/breaking-news/16240-apra-consults-on-new-credit-risk-management-approach?utm_source=MortgageBusiness&utm_campaign=Mortgage%20Business11_11_2021&utm_medium=email&utm_content=1&utm_emailID=8a8e1573aa7aed348b3ce216911220f449b12b769f3b1261337d04577713208e Debt-to-income ratio limits and serviceability buffer changes are to be embedded into APRA’s standard for credit risk management. The Australian Prudential Regulation Authority (APRA) has written to banks asking for feedback on proposed its proposal to ‘formalise and embed’ credit-based macroprudential policy measures within its prudential standard for credit risk. […] - [$47,000 gone: Major new mortgage rules from Monday](https://accreditedbroker.com.au/47000-gone-major-new-mortgage-rules-from-monday/): Lucy Dean| Yahoo Finance| 30 October 2021 $47,000 gone: Major new mortgage rules from Monday (yahoo.com) Australians hoping to buy property will be forced to prove they can repay their mortgage if rates rise 3 per cent, under new rules coming into place on Monday 1 November.  The Australian Prudential Regulation Authority (APRA) announced the higher […] - [APRA runs through lending control toolkit](https://accreditedbroker.com.au/apra-runs-through-lending-control-toolkit/): Sarah Simpkins| Mortgage Business| 12 November 2021 APRA runs through lending control toolkit – Mortgage Business The prudential regulator has outlined the next intervening steps it could take, as housing prices and debt levels continue to climb. APRA released its Macroprudential Policy Framework information paper on Thursday (11 November), setting outs its framework, options and […] - [Why Todays Announcement Won’t Impact the Property Market that Much](https://accreditedbroker.com.au/why-todays-announcement-wont-impact-the-property-market-that-much/): After a record-breaking year of property growth, the regulator has announced limitations on how much the banks can lend.  Accredited Broker believes that this will have a minimal impact. In an effort to stop stellar growth, the banking regulator (APRA) will be requiring the banks to increase the interest rate at which they assess mortgage […] - [Housing price growth tipped to slow to 7pc](https://accreditedbroker.com.au/housing-price-growth-tipped-to-slow-to-7pc/): Michael Bleby| Australian Financial Review| 29 September 2021 https://www.afr.com/property/residential/housing-price-growth-tipped-to-slow-to-7pc-20210929-p58vsb Australia’s housing price growth will slow to 7 per cent next year as macroprudential controls add to the headwinds of worsening affordability, reduced immigration and incentives and possibly even higher mortgage rates, AMP Capital chief economist Shane Oliver says. Dr Oliver said he had already predicted […] - [How stamp duty is keeping houses off the market](https://accreditedbroker.com.au/how-stamp-duty-is-keeping-houses-off-the-market/): Michael Bleby| Australian Financial Review| 1 October 2021 https://www.afr.com/property/residential/how-stamp-duty-is-keeping-houses-off-the-market-20210930-p58w9x Rising stamp duty costs have contributed to a drag on the amount of housing stock coming to the market over the past 13 years, new research shows. Stamp duty, a lucrative revenue source for states, is not the only reason for worse housing market liquidity, but […] - [Time for a crackdown on ‘liar loans’ to douse home price bonfire](https://accreditedbroker.com.au/time-for-a-crackdown-on-liar-loans-to-douse-home-price-bonfire/): Jessica Irvine| Sydney Morning Herald| 5 October 2021 https://www.smh.com.au/business/the-economy/time-for-a-crackdown-on-liar-loans-to-douse-home-price-bonfire-20211004-p58x3g.html Since deciding to become a property investor, I’ve experienced a range of emotions, including both guilt and pride – don’t let anyone tell you it isn’t possible to feel two conflicting emotions at the same time. Both, however, have given way in recent weeks to the […] - [Australian housing values rising at the fastest annual pace since June 1989, but the monthly rate of growth continues to lose steam](https://accreditedbroker.com.au/australian-housing-values-rising-at-the-fastest-annual-pace-since-june-1989-but-the-monthly-rate-of-growth-continues-to-lose-steam/): Tim Lawless| Corelogic| 1 October 2021 https://www.corelogic.com.au/news/september-2021-home-value-index?utm_medium=email&utm_source=newsletter&utm_campaign=20211005_propertypulse CoreLogic’s national home value index rose another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over the past 12 months.  The annual growth rate is now tracking at the fastest pace since the year ending June […] - [APRA tightens home loan standards for new customers as risks grow](https://accreditedbroker.com.au/apra-tightens-home-loan-standards-for-new-customers-as-risks-grow/): Clancy Yeates| Sydney Morning Herald| 6 October 2021 APRA forces banks to raise housing assessment rates to counter risks (smh.com.au) The banking regulator is acting to quell the growing financial risks of surging house prices, by forcing banks to be more conservative when assessing how much new customers can borrow. As cheap debt puts a […] - [Growth cycle tapering as housing becomes less affordable](https://accreditedbroker.com.au/growth-cycle-tapering-as-housing-becomes-less-affordable/): Tim Lawless| Corelogic| 2 August 2021 https://www.corelogic.com.au/news/july-2021-home-value-index Australian housing values increased a further 1.6% in July, according to CoreLogic’s national home value index.  The latest rise takes housing values 14.1% higher over the first seven months of the year and 16.1% higher over the past twelve months.   CoreLogic’s research director, Tim Lawless, described the […] - [Housing market records fastest annual growth since 2004](https://accreditedbroker.com.au/housing-market-records-fastest-annual-growth-since-2004/): Euana Black| The New Daily| 1 July 2021 https://thenewdaily.com.au/finance/property/2021/07/01/australian-housing-fastest-growth-since-2004/ Sydney property prices increased by about $800 a day in June as the Australian housing market recorded its fastest annual growth since April 2004. Data released by CoreLogic on Thursday shows national property prices jumped by 1.9 per cent over the month on the back of […] - [Home ownership rate surges higher](https://accreditedbroker.com.au/home-ownership-rate-surges-higher/): Pete Wargent Blogspot| 9 August 2021 https://petewargent.blogspot.com/2021/08/home-ownership-rate-surges-higher.html There were solid preliminary auction results for Sydney over the weekend, with only slim pickings for buyers to choose over as stock listings have tightened. Melbourne had more than 1,300 auctions scheduled, and with only a low percentage of results reported the final clearance rate for the Victorian capital […] - [Six questions to ask yourself before applying for a home loan](https://accreditedbroker.com.au/six-questions-to-ask-yourself-before-applying-for-a-home-loan/): Euan Black| The New Daily| 21 July 2021 https://thenewdaily.com.au/finance/dollars-and-sense/2021/07/21/home-loans-six-questions/ Buying your first home is a rite of passage in Australia but not something to be rushed. Thorough research and planning is essential to securing the best deal possible and could end up saving you tens of thousands of dollars over the life of a loan. […] - [The Australian property market hit $8 trillion in March. It’ll likely hit $9 trillion by the end of the year.](https://accreditedbroker.com.au/the-australian-property-market-hit-8-trillion-in-march-itll-likely-hit-9-trillion-by-the-end-of-the-year/):  Bianca Healey| Business Insider| 12 August 2021 https://www.msn.com/en-au/money/homeandproperty/the-australian-property-market-hit-8-trillion-in-march-it-ll-likely-hit-9-trillion-by-the-end-of-the-year/ar-AANaZt9?ocid=msedgdhp&pc=U531 The value of the Australian property market hit an astounding $8 trillion in March — and is now on track to reach its next trillion-dollar milestone by the end of this year. Newly released CoreLogic data shows that total residential property values are likely to reach $9 […] - [“It is important that lending standards are maintained”](https://accreditedbroker.com.au/it-is-important-that-lending-standards-are-maintained/): The Australian housing market recorded its fastest annual growth since April 2004 and there is even a spark of life in the investor market – is this good news or bad? Over the past 12 months many in the media have claimed we are in a housing bubble and called for regulators to intervene, to […] - [Get your diploma before you get cut-off](https://accreditedbroker.com.au/get-your-diploma-before-you-get-cut-off/): Many brokers risk being cut off if they have not completed their mortgage broking diploma. Recent legislative changes mean brokers who want to obtain the diploma will be required to complete the new Diploma of Finance and Mortgage Broking Management course, (FNS50320) if they have not completed the previous diploma (FNS50315) by the end of […] - [The reason why we are talking about a lender crackdown is to avoid actually having a lender crackdown](https://accreditedbroker.com.au/the-reason-why-we-are-talking-about-a-lender-crackdown-is-to-avoid-actually-having-a-lender-crackdown/): This week, a number of finance regulators said they were turning their mind to enforcing robust lending standards. Straight after, CBA announced it was adopting a more conservative stance in its lending policy. Accredited Broker believes these changes are more apparent than real and that the real purpose was to make borrowers realise that easy […] - [One in five have a liar loan: Experian](https://accreditedbroker.com.au/one-in-five-have-a-liar-loan-experian/): Michael Roddan| Australian Financial Review| 22 June 2021 https://www.afr.com/companies/financial-services/one-in-five-have-a-liar-loan-experian-20210622-p5833i One in five Australians have fibbed to the bank when applying for a loan in order to avoid being knocked back by the lender, raising concerns about the return of “liar loans” in a surging housing market. Slightly more than 40 per cent of lies when applying for […] - [APRA war games credit restrictions as household debt rises](https://accreditedbroker.com.au/apra-war-games-credit-restrictions-as-household-debt-rises/): James Frost and John Kehoe| Australian Financial Review| 17 June 2021 https://www.afr.com/companies/financial-services/apra-asks-banks-for-more-data-on-lending-20210617-p581rf The peak group of financial regulators have eyeballed the pick-up in home lending and the return of property investors as an emerging issue, with the boards of major banks asked to pledge they are maintaining lending standards and provide data proving they are […] - [Banking regulators poised to tighten lending standards to cool market](https://accreditedbroker.com.au/banking-regulators-poised-to-tighten-lending-standards-to-cool-market/): Shane Wright & Clancy Yeates| Sydney Morning Herald| 19 June 2021 https://www.smh.com.au/politics/federal/banking-regulators-poised-to-tighten-lending-standards-to-cool-market-20210618-p5823u.html The Reserve Bank and the nation’s prudential regulator are poised to tighten lending standards in the face of soaring property prices and growing household debt as Treasurer Josh Frydenberg says higher house prices are good for the economy. The Commonwealth Bank, the nation’s […] - [Vital Signs: It’s not the Reserve Bank’s job to worry about housing prices](https://accreditedbroker.com.au/vital-signs-its-not-the-reserve-banks-job-to-worry-about-housing-prices/): Richard holden| The Conversation| 11 June 2021 https://theconversation.com/vital-signs-its-not-the-reserve-banks-job-to-worry-about-housing-prices-162499 Once again folks are pointing to the potential danger of Australia’s low interest rates. This week a poll of so-called “market economists” by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank of Australia’s current stance, with 68% saying its monetary policy was too […] - [Economists start believing we’ll see a rate rise sooner rather than later](https://accreditedbroker.com.au/economists-start-believing-well-see-a-rate-rise-sooner-rather-than-later/): Colin Brinsden| The New Daily| 20 June 2021 https://thenewdaily.com.au/finance/finance-news/2021/06/20/economists-start-believing-well-see-a-rate-rise-sooner-rather-than-later/ A speech by one of the Reserve Bank of Australia’s top officials will provide an opportunity to respond to last week’s extraordinarily strong labour force figures and signal whether it changes the timing of a future interest rate rise. Economists certainly believe it does. The RBA […] - [How is the property market changing and how can you profit from it?](https://accreditedbroker.com.au/how-is-the-property-market-changing-and-how-can-you-profit-from-it/): While the housing market is strong, there are signs it’s slowing. Under these conditions knowing whether buyers can get finance will be key. The white-hot price gains of March moderated in April. Sydney auction clearance rates of about 90 per cent in March have also slowed to about 80 per cent and Melbourne has ticked down […] - [New year sees lenders turnaround times remain high](https://accreditedbroker.com.au/new-year-sees-lenders-turnaround-times-remain-high/): Broker Pulse | This month’s Broker Pulse results indicate that many of Australia’s largest ADIs are finding it difficult to keep up with demand from the increased activity within the property market but a handful of lenders have improved their position. Meanwhile, the non-ADIs have managed to largely recover from their pre-christmas increases. ADIs (Major […] - [Investor enquiries rise, FHBs wane: REA Group](https://accreditedbroker.com.au/investor-enquiries-rise-fhbs-wane-rea-group/): Malavika Santhebennur| Mortgage Business| 14 May 2021 Investor enquiries rise, FHBs wane: REA Group – Mortgage Business A report has found that property investor enquiry spiked and first home buyer enquiry faded on the realestate.com.au website compared with 2020 as HomeBuilder concluded. The REA Group’s REA Insights Housing Market Indicators Report May 2021 revealed that in April 2021, email […] - [Why regulators are flying blind when it comes to lending risks](https://accreditedbroker.com.au/why-regulators-are-flying-blind-when-it-comes-to-lending-risks/): Paul Ryan| Real Estate Insights| 31 March 2021 Why Regulators are Flying Blind When it Comes to Lending Risks (realestate.com.au) The decision on whether to intervene in a red hot housing market lies with our regulators. The problem is, they don’t have the right data to make the call. Property prices are surging in 2021, […] - [Housing demand cools but prices stay hot](https://accreditedbroker.com.au/housing-demand-cools-but-prices-stay-hot/): Martin Kelly| Australian Financial Review| 14 May 2021 House market cools but prices stay hot (afr.com) Big home price increases, fewer buyers and the removal of government purchase incentives are combining to slow the Australian property market, even though the number of active investors is up, REA Group says. But home prices should keep rising, […] - [How to Kick-Start a Career in Mortgage Broking](https://accreditedbroker.com.au/how-to-kick-start-a-career-in-mortgage-broking/): How To Kick-Start A Mortgage Broking Career – Sticky Tickets Are you looking to own your own business with a great income?  Then come to our mortgage broking industry seminar on Wednesday 2 June 2021 at 6pm in North Sydney. There is strong demand for mortgage brokers.   If you: like finding solutions for clients enjoy consulting […] - [Major banks revise house price predictions](https://accreditedbroker.com.au/major-banks-revise-house-price-predictions/): Annie Kane| Mortgage Business| 19 April 2021 Major banks revise house price predictions – Mortgage Business The CEOs of the big four banks have outlined what their forecasts are for house prices over the next few years. The CEOs of the big four banks appeared before the House of Representatives economics standing committee last week, […] - [If there’s a lending clampdown, what happens to those employed in the industry?](https://accreditedbroker.com.au/if-theres-a-lending-clampdown-what-happens-to-those-employed-in-the-industry/): The government and the Reserve Bank want to see the property market grow to boost the post-pandemic economy, but many experts believe that the banking regulator will soon put up roadblocks to stop the market running away from itself. What happens to the real estate agents, mortgage brokers etc if it suddenly becomes hard to […] - [APRA’s daunting double challenge](https://accreditedbroker.com.au/apras-daunting-double-challenge/): Karen Maley| Australian Financial Review| 21 April 2021 APRA’s daunting double challenge (afr.com) Wayne Byres, the boss of the country’s prudential regulator, might like to insist that it’s not his job to solve the problem of soaring house prices, but astute bankers have a different view. They believe it’s likely to be only a matter of time […] - [Mortgage brokers record highest ever December quarter market share](https://accreditedbroker.com.au/mortgage-brokers-record-highest-ever-december-quarter-market-share/): MFAA| 3 March 2021 Mortgage brokers record highest ever December quarter market share | MFAA The mortgage broker channel has recorded its highest ever market share result for the December quarter with brokers settling 59.4 per cent of all residential home loans during October – December 2020, according to the latest data released by research group comparator, a […] - [Home owners warned against rushing to fix their mortgages](https://accreditedbroker.com.au/home-owners-warned-against-rushing-to-fix-their-mortgages/): Euan Black| The New Daily| 2 February 2021 Home owners warned against rushing to fix their mortgages (thenewdaily.com.au) Home owners are being told to do their research before fixing their mortgages, after the Reserve Bank held interest rates at 0.1 per cent on Tuesday. With little room for interest rates to fall further and negative […] - [Mortgage demand up 19.3% in December quarter](https://accreditedbroker.com.au/mortgage-demand-up-19-3-in-december-quarter/): Malavika Santhebennur| Mortgage Business| 17 February 2021 Mortgage applications surged in the December quarter amid a slump in consumer credit applications, with WA the standout, according to data. Figures from data company Equifax have revealed that mortgage demand (which includes loans for new properties and refinancing) continued to trend upward, with home loan applications for […] - [New law puts brokers in box seat](https://accreditedbroker.com.au/new-law-puts-brokers-in-box-seat/): Great news for anyone planning to take out a home loan – new legislation means consumers are even better protected when they use a mortgage broker. But banks do not have the same responsibility towards borrowers.  This means that consumers can have even more confidence in brokers The Best Interests Duty, which took effect this […] - [Why changes to Responsible Lending wont have the impact either side claim.](https://accreditedbroker.com.au/why-changes-to-responsible-lending-wont-have-the-impact-either-side-claim/): “Old generals always fight the previous war” goes the old adage – many of the old arguments are being rolled out by both sides in the proposed changes to Responsible Lending rules. But, as we enter 2021 and a likely busy property market, Accredited Broker believes Responsible Lending is yesterday’s argument. At the heart of […] - [Could household debt levels be a trigger for another round of credit tightening?](https://accreditedbroker.com.au/could-household-debt-levels-be-a-trigger-for-another-round-of-credit-tightening/): Tim Lawless| Corelogic| 18 November 2020 https://www.corelogic.com.au/news/could-household-debt-levels-be-trigger-another-round-credit-tightening?utm_medium=email&utm_source=newsletter&utm_campaign=20201123_propertypulse&utm_content=pp_blog%20 Australian household debt levels have increased substantially over the past thirty years, with the ratio of household debt to annual disposable income rising from 68% in June 1990 to a recent peak of 188.5% in June 2019.  Since June last year, the ratio has reduced slightly to 185.0%. […] - [Australia's lending laws are overdue for an overhaul](https://accreditedbroker.com.au/australias-lending-laws-are-overdue-for-an-overhaul/): Anna Bligh| Sydney Morning Herald| 25 November 2020 https://www.smh.com.au/business/banking-and-finance/australia-s-lending-laws-are-overdue-for-an-overhaul-20201125-p56hq8.html They say a week is a long time in politics. If that’s true – eleven years is an eternity. That’s how long it’s been since the Australian parliament passed the National Consumer Credit Protection Act to “modernise Australia’s consumer credit laws”. It was 2009; smack in […] - [Declining mortgage rates expected to continue: RBA](https://accreditedbroker.com.au/declining-mortgage-rates-expected-to-continue-rba/): Annie Kane| Mortgage Business| 25 November 2020 https://www.mortgagebusiness.com.au/breaking-news/15166-declining-mortgage-rates-expected-to-continue-rba The average mortgage interest rate paid by households is expected to continue to decline “for a while yet”, according to the central bank. Speaking at the Australian Business Economists Webinar on Tuesday (24 November), the deputy governor of the Reserve Bank of Australia (RBA), Guy Debelle, noted […] - [Responsible lending removal: the pros and cons](https://accreditedbroker.com.au/responsible-lending-removal-the-pros-and-cons/): Annie Kane| Mortgage Business| 23 November 2020 https://www.mortgagebusiness.com.au/breaking-news/15153-responsible-lending-removal-the-pros-and-cons The proposal to overhaul responsible lending obligations has been met with mixed reaction, with many welcoming its ability to speed up the flow of credit while others have warned against potential harm to consumers. On Friday (20 November), the federal government’s consultation on changes to responsible lending […] - [We’re back to pushing up housing prices as economic policy](https://accreditedbroker.com.au/were-back-to-pushing-up-housing-prices-as-economic-policy/): Michae Pascoe| The New Daily| 4 November 2020 https://thenewdaily.com.au/finance/2020/11/04/michael-pascoe-housing-prices/ The first lesson this week was that when offered cheap money, a significant number of Australians will rush to buy residential real estate, recession or not. The second lesson was this is pretty much what core economic policy has been reduced to in Australia – inflating […] - [Stamp Duty Changes Good for Property?](https://accreditedbroker.com.au/stamp-duty-changes-good-for-property/): ‘Be careful what you wish for’ goes the old adage. Nowhere is the more true than in proposed changes to Stamp Duty which may have huge impacts on the way the property market operates. Changes proposed by NSW (and likely to be followed by other states will see stamp duty phased out and replaced by […] - [Why, despite the coronavirus pandemic, house prices continue to rise](https://accreditedbroker.com.au/why-despite-the-coronavirus-pandemic-house-prices-continue-to-rise/): https://www.economist.com/finance-and-economics/2020/09/30/why-despite-the-coronavirus-pandemic-house-prices-continue-to-rise The Economist| 30 September 2020 During the global recession a decade ago, real house prices fell by an average of 10%, wiping trillions of dollars off the world’s largest asset class. Though the housing market has not been the trigger of economic woes this time, investors and homeowners still braced for the worst as it […] - [Buyers return to the housing market](https://accreditedbroker.com.au/buyers-return-to-the-housing-market/): https://www.afr.com/property/residential/buyers-return-to-the-housing-market-20201020-p566pa Mirana Ward| Australian Financial Review| 20 October 2020 Residential sales nationally are outpacing fresh listings of properties for sale as buyers take advantage of low mortgage rates, one of several indicators pointing to a rebound in the housing market. The median vendor discount eased across capital cities and regional areas in the three months to […] - [Home loans surge by 12.6 per cent in August](https://accreditedbroker.com.au/home-loans-surge-by-12-6-per-cent-in-august/): Steven Deare| The New Daily| 9 October 2020 https://thenewdaily.com.au/finance/property/2020/10/09/home-loans-august/ More Australians are seeking to buy a property while interest rates remain at historically low levels, sending new home loan commitments surging. Home buyers took advantage of a virus-flattened housing market in August, as borrowing rose by 12.6 per cent on the previous month. New loan […] - [Mortgage Growth Predicted](https://accreditedbroker.com.au/mortgage-growth-predicted/): Across the country auction clearance rates are strong and getting stronger. Low interest rates, government handouts and possible relaxing of lending criteria are encouraging Australians to take out a mortgage and buy a property. Most of the country has auction clearance rates around 70 per cent; the tipping point between a buyers’ and sellers’ market.  […] - [The new shape of best interests duty](https://accreditedbroker.com.au/the-new-shape-of-best-interests-duty/): https://www.moneymanagement.com.au/features/expert-analysis/new-shape-best-interests-duty Industry Expert| Money Management\ 24 July 2020 Since 2009, credit licensees and their representatives have grappled with responsible lending obligations. Following the passage of legislation in response to recommendations of the Royal Commission, mortgage brokers will now also be required to comply with a statutory duty to act in the best interests of consumers.  […] - [‘Now is the time to buy’: Property experts' rent warning](https://accreditedbroker.com.au/now-is-the-time-to-buy-property-experts-rent-warning/): https://au.finance.yahoo.com/news/now-is-the-time-to-buy-stop-renting-property-experts-warn-003604463.html Anastasia Santoreneos| Yahoo Finance| 8 September 2020 Australians in all capital cities, bar Sydney and Melbourne, would be better off buying a home than renting it, new data has revealed. According to Pete Wargent, co-founder of online buyers’ agency marketplace BuyersBuyers.com.au, it’s more compelling to purchase, rather than rent, a home in most states […] - [How long will it take for the Aussie economy to return to growth?](https://accreditedbroker.com.au/how-long-will-it-take-for-the-aussie-economy-to-return-to-growth/): https://au.finance.yahoo.com/news/how-long-will-it-take-for-the-australian-economy-to-return-to-growth-013515485.html Yahoo Finance| 9 September 2020 The Australian economy is set to end 2020 lower than what it began but economists expect better years ahead. The Reserve Bank believes it will take until 2022 for the economy to reach its pre-COVID levels — a view shared by several other economists in the private sector including from […] - [Six-month loan assessments kick off](https://accreditedbroker.com.au/six-month-loan-assessments-kick-off/): https://www.brokernews.com.au/news/breaking-news/sixmonth-loan-assessments-kick-off-273201.aspx Madison Utley| Broker News| 8 September 2020 Of the more than 900,000 loans which have been deferred since the start of the COVID-19 pandemic, around 450,000 customers are approaching the end of their six-month repayment pause in September or October and will soon need to decide on their next steps.  There are 65,000 loans […] - [Is this a window of opportunity for property?](https://accreditedbroker.com.au/is-this-a-window-of-opportunity-for-property/): The property market is rapidly approaching crunch time – where there will be multiple winners and losers. The end of this month is D-Day for the 450,000 borrowers who deferred home loan payments.  Some will be able to recommence making payments, but for others this could mark the start of a series of tough conversations […] - [Record Levels of Mortgage Refinancing](https://accreditedbroker.com.au/record-levels-of-mortgage-refinancing/): Despite the Reserve Bank not having changed the official cash rate recently, banks are dropping their own mortgage rates as they compete against each other for home loan business Interest rates are now the lowest in living memory. Mortgage brokers tell Accredited Broker that they are as busy as ever with refinances – especially when […] - [Where will property growth be?](https://accreditedbroker.com.au/where-will-property-growth-be/): Regional property markets have significantly outperformed city markets on average over the past year and new research indicates median prices in regional areas across the country were up by an average of 3.4 per cent for the year to June 30, 2020. By contrast, capital city markets grew by just 1 per cent in the same period, according to […] - [How COVID-19 Transformed the Property Market](https://accreditedbroker.com.au/how-covid-19-transformed-the-property-market/): ‘Life will never be the same again.’  Its been said non-stop since Coronavirus, but there is no doubt it has accelerated long overdue changes in the property market. Across the board, property-related professions are adapting and thriving despite the virus. Over the weekend, 73 per cent of Australia’s capital city auctions were successful, according to […] - [Australians find it easier to get a mortgage than before](https://accreditedbroker.com.au/australians-may-find-it-easier-to-get-a-mortgage-than-anticipated-a-few-months-ago/): Many have argued that the stringent government response to COVID-19 has placed the property market cycle closer to another downswing. However, so far, property value declines have been fairly mild. And the government’s stimulus package may well mitigate many fears.  To date, the dwelling market has only contracted 0.4 per cent. In fact, egged on […] - [Banks Keep Lending to Pump Economy](https://accreditedbroker.com.au/banks-keep-lending-to-pump-economy/): Banks Keep Lending to Pump Economy Australia’s banks look set to keep rates at record lows and to be flexible with borrowers impacted by COVID 19. Reserve Bank Governor, Dr Philip Lowe, recently spoke to the CEO of our major banks where he expressed the need to be flexible with $226 billion in loan deferrals […] - [New Rules Mean Brokers Have to Work in Client’s Best Interest](https://accreditedbroker.com.au/new-rules-mean-brokers-have-to-work-in-clients-best-interest/): New Rules Mean Brokers Have to Work in Client’s Best Interest ASIC has confirmed brokers will be obliged to act in the best interests of borrowers by 2021. Under the new rules, mortgage brokers will be required to thoroughly investigate a client’s circumstances, keep detailed notes of client meetings and the advice given, and consider […] - [Banks to have more flexibility in assessing loan applications](https://accreditedbroker.com.au/banks-to-have-more-flexibility-in-assessing-loan-applications/): Banks to have more flexibility in assessing loan applications Westpac Banking Corp has won a significant victory in the Federal Court on its interpretation of responsible lending duties. The court backed Westpac’s arguments that the national credit act provides banks with discretion on how to use information when assessing whether loans are suitable for customers, […] - [Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months.](https://accreditedbroker.com.au/australian-banks-will-defer-loan-repayments-for-small-businesses-affected-by-covid-19-for-six-months/): 20 March 2020 Australian Banking Association CEO Anna Bligh today announced a small business relief package from Australia’s banks. “This Assistance Package will apply to more than $100bn of existing small business loans and depending on customer take up, could put as much as $8 billion back into the pockets of small businesses as they […] - [Investors Look at Options in Downward Market](https://accreditedbroker.com.au/investors-look-at-options-in-downward-market/): REAL ESTATERENEE MCKEOWNMON 30 MAR 20 Investors Look at Options in Downward Market Investors are looking at their options with homes pulled off the market, leases extended and auction clearance rates dropping in-line with Covid-19 economic uncertainty. Forty per cent of auctions were pulled from the market and clearance rates dropped to 51.4 per cent […] - [Just as the property market was getting into its stride, Coronavirus arrived!](https://accreditedbroker.com.au/just-as-the-property-market-was-getting-into-its-stride-coronavirus-arrived/): Thankfully the banks and government appear to have stepped up to the plate – one economist calculates that the total economic stimulus offered by the government is the equivalent of an 11 per cent boost to the economy. And the banks have announced a small business assistance package which  will apply to more than $100bn […] - [Home loans growth picks up in January](https://accreditedbroker.com.au/home-loans-growth-picks-up-in-january/): Michael Bleby| Australian Financial Review| 11 March 2020 https://www.afr.com/property/residential/home-loans-growth-picks-up-in-january-20200310-p548sm New home loans rose at their fastest pace in more than three years in January as owner-occupiers and investors benefited from easing lending conditions that pushed average loan values higher. New mortgage commitments rose 4.6 per cent from December to $20.7 billion, faster than January’s revised […] - [Regulators ease coronavirus credit squeeze](https://accreditedbroker.com.au/regulators-ease-coronavirus-credit-squeeze/): John Kehoe, Matthew Cranston & Jonathan Shapiro| Australian Financial Review| 16 March 2020 https://www.afr.com/policy/economy/regulators-ease-coronavirus-credit-squeeze-20200316-p54aeb Financial regulators are extending short-term liquidity funding to banks and are considering easing regulations on lenders to help prevent a credit squeeze hitting cash-strapped small businesses. As part of its normal daily market operations the Reserve Bank of Australia will lengthen […] - [How will Corona Virus Impact Our Property Market?](https://accreditedbroker.com.au/how-will-corona-virus-impact-our-property-market/): FOMO (Fear of Missing Out) has been applied to both home purchases and toilet roll over the past weeks. While, on the surface they may appear to have nothing in common, there’s actually quite a few common links – which bode well for lending in the property market. Its about supply and demand and thankfully, […] - [Existing borrowers gouged by banks offering new mortgage discounts, RBA says](https://accreditedbroker.com.au/existing-borrowers-gouged-by-banks-offering-new-mortgage-discounts-rba-says/): Are you one of those people who spend hours online or in stores trying to find the best discount on the latest gadget or fashion item? If the answer is yes and you also have a mortgage, then new data from the Reserve Bank shows you should probably divert some of that time to finding […] - [Retirees holding onto spare rooms, even when they downsize](https://accreditedbroker.com.au/retirees-holding-onto-spare-rooms-even-when-they-downsize/): Roughly two million older Australians are considering moving homes when they retire. But they won’t be giving up the spare bedroom. It will be reserved for friends and family, or repurposed into a study or sewing room – extra space that will allow them to “age in place” and stay connected to their community. Downsizing […] - [Homebuyers are stampeding back into the Australian property market, leading to what could be 'the fastest market recovery on record'](https://accreditedbroker.com.au/homebuyers-are-stampeding-back-into-the-australian-property-market-leading-to-what-could-be-the-fastest-market-recovery-on-record/): If national prices continue on their current trajectory, 2020 will see the fastest market recovery in Australian history, according to property research group CoreLogic. The property downturn saw an 8.4% correction in values. In just seven months, this fall has largely been made up, with prices on track to fully recover in the next three […] - [Older Australians who own their home more than 20 times better off than those who rent, data shows](https://accreditedbroker.com.au/older-australians-who-own-their-home-more-than-20-times-better-off-than-those-who-rent-data-shows/): Exclusive Australian Bureau of Statistics data has revealed the staggering difference in wealth of older Australians in owner-occupied households compared to those that rent. Key points: – Those who own property as they approach retirement are much better off than those of the same age who rent, ABS data shows – Rates of home ownership […] - [Changing Market Good for the Industry](https://accreditedbroker.com.au/changing-market-good-for-the-industry/): It’s a rising market and that should spell profit for mortgage brokers, real estate agents, financial planners and accountants Yet, recent legislation passed in Canberra means that the way Australians source loans in 2020 will be different to before. Under the recent changes, mortgage brokers will be legally required to work in the Best Interest […] - [The Default Diary by Anil Puri](https://accreditedbroker.com.au/the-default-diary-by-anil-puri/): The Default Diary By Anil Puri This is the 3rd and final part in our 3-part video series on time management. We’ve already covered The Time Log and the Skills/Value Matrix. The Default Diary builds on these to give you the ideal structure for your week. Once you’ve complete the 1st two steps you will have delegated the […] - [Time Log by Anil Puri](https://accreditedbroker.com.au/time-log-by-anil-puri/): The Time Log By Anil Puri If you are like a lot of our clients, then lack of time can be a real issue for you. It’s easy to have a plan for the day and then end the day wondering where all of the time went. This is why it’s important to have a […] - [The disrupters cutting the big four's lunch](https://accreditedbroker.com.au/the-disrupters-cutting-the-big-fours-lunch/): James Frost| Australian Financial Review| 6 January 2020 https://www.afr.com/companies/financial-services/the-disruptors-cutting-the-big-four-s-lunch-20191120-p53ce1 If you want to know what an aggrieved bank customer looks like, look no further than Stewart Koziora. The hospitality entrepreneur and property developer has just had all of his accounts closed by NAB after daring to move a multimillion-debt facility to a competitor that offered […] - [Home values surged in December quarter](https://accreditedbroker.com.au/home-values-surged-in-december-quarter/): Hannah Dowling| Mortgage Business| 7 January 2020 https://www.mortgagebusiness.com.au/breaking-news/14143-home-values-surged-in-december-quarter-2 National dwelling values increased 4.0 per cent in the three months to December 2019, the fastest growth rate seen over a three-month period for 10 years, according to CoreLogic. Property research group CoreLogic has released its Hedonic Home Value Index for December 2019, which revealed a 1.1 per cent […] - [ASIC's home loan rules ask banks to look at everything from streaming subscriptions to school fees](https://accreditedbroker.com.au/asics-home-loan-rules-ask-banks-to-look-at-everything-from-streaming-subscriptions-to-school-fees/): © Provided by ABC Business Michelle is buying a house and land package that fits within her budget. (ABC News: John Gunn) Michelle Winata wanted to enter the property market, but not get in over her head or be unable to travel while she’s still young. “I did want to maintain my lifestyle, and the […] - [Compulsory business education floated to stop collapses](https://accreditedbroker.com.au/compulsory-business-education-floated-to-stop-collapses/): Emma Koehn| Sydney Morning Herald| 20 December 2019 https://www.smh.com.au/business/small-business/compulsory-business-education-floated-to-stop-collapses-20191220-p53lrl.html Australia’s peak insolvency body has backed a suggestion in a report from small business Ombudsman Kate Carnell that individuals should face compulsory business training before they’re able to run a business. “We’re not suggesting for a second that it needs to be a university course,” Australian […] - [A Powerful Tool To Increase Your Productivity and Effectiveness](https://accreditedbroker.com.au/a-powerful-tool-to-increase-your-productivity-and-effectiveness/): Running a business means wearing (and juggling) multiple hats, and staying organised and finding time for all of these hats can be a challenge. In this video training Anil Puri shares the Default Diary tool which will give you far more structure, keep you organised and help to make your week super productive.  - [Banks to quiz borrowers about Netflix, private school](https://accreditedbroker.com.au/banks-to-quiz-borrowers-about-netflix-private-school/): James Frost| Australian Financial Review| 10 December 2019 Lenders should be asking customers to prove they can save money and afford loans by sending their children to public schools or cancelling their Netflix subscriptions under new responsible lending guidelines released on Monday. The guidelines have been aimed at clarifying the obligations of lenders after a […] - [Credit Policy Changes That Matter More Than Headline Rates](https://accreditedbroker.com.au/credit-policy-changes-that-matter-more-than-headline-rates/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The AI Debt Boom - The AI Debt Boom: How Hyperscalers Could Influence Interest and Mortgage Rates](https://accreditedbroker.com.au/the-ai-debt-boom-the-ai-debt-boom-how-hyperscalers-could-influence-interest-and-mortgage-rates/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Australia's $1 Trillion Debt: Does It Matter - Does It Mean the Government Is Economically Incompetent?](https://accreditedbroker.com.au/australias-1-trillion-debt-does-it-matter-does-it-mean-the-government-is-economically-incompetent/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How Developing a Referral Network Can Triple Your Mortgage Business Without Cold Calling](https://accreditedbroker.com.au/how-developing-a-referral-network-can-triple-your-mortgage-business-without-cold-calling/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Climate Risk and Property Values: How Insurers, Lenders and Buyers Assess Environmental Exposure](https://accreditedbroker.com.au/climate-risk-and-property-values-how-insurers-lenders-and-buyers-assess-environmental-exposure/): Floods, fires, rising seas: why climate risk now drives property prices and loan approvals - [APRA Serviceability Buffers: Still Fit for Purpose?](https://accreditedbroker.com.au/apra-serviceability-buffers-still-fit-for-purpose/): how APRA’s 3% buffer and DTI limits influence borrowing - [Behind Every Loan, A Family](https://accreditedbroker.com.au/behind-every-loan-a-family/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Australian Property Prices vs Global Property 2000–2026](https://accreditedbroker.com.au/australian-property-prices-vs-global-property-2000-2026/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [If Australian Houses Were Valued Like Other Assets, What Would Capital City Homes Be Worth in 2026?](https://accreditedbroker.com.au/if-australian-houses-were-valued-like-other-assets-what-would-capital-city-homes-be-worth-in-2026/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How Many of the Properties in Sydney are Affordable for a Family on Median Income in 2026?](https://accreditedbroker.com.au/properties-first-home-buyers-can-afford-sydney/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Could Cutting Australia's Immigration Intake Increase Inflation and Slow Economic Growth?](https://accreditedbroker.com.au/economic-risks-cutting-australia-migration/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Why Do Central Banks Target 2–3% Inflation? A Look at How It Started and Why It Matters](https://accreditedbroker.com.au/why-central-banks-target-2-3-inflation-how-it-started-and-why-it-matters/): why central banks target 2–3% inflation and what it means for interest rates, mortgages, and your financial future - [AI in Broking & Real Estate: Automating Lead Nurturing Without Losing the Personal Touch](https://accreditedbroker.com.au/ai-in-broking-real-estate-automating-lead-nurturing-without-losing-the-personal-touch/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The Rise of Private Debt: Non-Bank Lenders Are Filling the Commercial Property Gap](https://accreditedbroker.com.au/the-rise-of-private-debt-non-bank-lenders-are-filling-the-commercial-property-gap/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Rate Hold Relief: Navigating Borrowing Power in a 4.35% Cash Rate Environment](https://accreditedbroker.com.au/rate-hold-relief-navigating-borrowing-power-in-a-4-35-cash-rate-environment/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The Great Divergence: Why Sydney & Melbourne Are Softening While Perth & Brisbane Hold Firm - until now](https://accreditedbroker.com.au/great-divergence-sydney-melbourne-are-softening-while-perth-brisbane-hold/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Has the RBA’s Reliance on Interest Rates Lost Its Punch Against Inflation?](https://accreditedbroker.com.au/rba-power-to-control-inflation-weakened-by-out-of-control-government-spending/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How AI is Transforming Mortgage Broking and What It Means for the Future of the Industry](https://accreditedbroker.com.au/ai-transforming-mortgage-broking-future/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [SMSF Property Investors Face Critical Deadline: Exchange Contracts by 10 August or Miss Out on Finance](https://accreditedbroker.com.au/smsf-property-investors-face-critical-finance-deadline/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How Upgraders and Astute Investors Are Winning in a Slowing Housing Market After the Federal Budget](https://accreditedbroker.com.au/upgraders-and-investors-winning-in-slowing-housing-market-after-federal-budget/): Discover how upgraders and savvy investors are taking advantage of a cooling housing market after the Federal Budget changes - [End of Financial Year Tax Planning Strategies for Self‑Employed Brokers](https://accreditedbroker.com.au/end-of-financial-year-tax-planning-strategies-for-self-employed-brokers/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The REAL Reason Property Prices Increased](https://accreditedbroker.com.au/the-real-reason-property-prices-increased/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Hey, Déjà vu! Again! Just like 2007](https://accreditedbroker.com.au/hey-deja-vu-again-just-like-2007/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Building a Finance Arm: What Accounting and Real Estate firms get wrong](https://accreditedbroker.com.au/building-a-finance-arm-accounting-real-estate-firms/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Capital Gains Tax Changes - Why They Weigh on Small Business Confidence](https://accreditedbroker.com.au/capital-gains-tax-changes-2026-budget-indexation/): Small business owner reviewing valuation papers ahead of 2026 Budget capital gains tax changes - [New Tax on Discretionary Trusts - Why Small Family Businesses Should Be Concerned](https://accreditedbroker.com.au/new-tax-on-discretionary-trusts-why-small-family-businesses-are-concerned/): Budget Trust changes for businesses to be afraid - [EOFY Business Checklist: What to Do Before 30 June (and How the 2026 Budget Shapes FY2027)](https://accreditedbroker.com.au/eofy-business-checklist-what-to-do-before-30-june-and-how-the-2026-budget-shapes-fy2027/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Technology in Mortgage Broking: Tools That Drive Success](https://accreditedbroker.com.au/technology-in-mortgage-broking-tools-that-drive-success/): Technology in Mortgage Broking: Tools That Drive Success - [How This Budget Will Hit Mortgage, Finance and Property — and Why It Risks Crushing Young Investor Confidence](https://accreditedbroker.com.au/budget-impact-young-investors-property/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How Labor’s New Investor Attack Could Hurt First Home Buyers and Shrink Rental Supply](https://accreditedbroker.com.au/how-labors-new-investor-attack-could-hurt-first-home-buyers-and-shrink-rental-supply/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [AI-Powered Loan Assessments: How Technology is Reshaping Mortgage Broking in Australia](https://accreditedbroker.com.au/ai-powered-loan-assessments-how-technology-is-reshaping-mortgage-broking-in-australia/): AI-Powered Loan Assessments: How Technology is Reshaping Mortgage Broking in Australia - [Navigating Interest Rate Volatility: Strategies for Brokers in 2026](https://accreditedbroker.com.au/navigating-interest-rate-volatility-strategies-for-brokers-in-2025/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Trail Book Loans: How Smart Mortgage Brokers Are Funding Growth and Acquisitions in 2026](https://accreditedbroker.com.au/trail-book-loans-mortgage-broker-growth-acquisitions/): Trail book loans are enabling a new era of growth and consolidation across the mortgage broking industry. - [The Middle East Conflict and Australian Property: What Every Broker Needs to Know Right Now](https://accreditedbroker.com.au/the-middle-east-conflict-and-australian-property-what-every-broker-needs-to-know-right-now/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The Perfect Storm: How CGT Reform and Tenancy Law Changes Are Driving Investors Out — and Squeezing Renters Further](https://accreditedbroker.com.au/cgt-and-tenancy-reform/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [To fix the rental crisis, Government need Coax More Mum and Dad Investors Back into the market](https://accreditedbroker.com.au/to-fix-the-rental-crisis-government-need-coax-more-mum-and-dad-investors-back-into-the-market/): To fix the rental crisis, Government need Coax More Mum and Dad Investors Back into the market - [How to Become an Accredited Mortgage Broker in Australia](https://accreditedbroker.com.au/how-to-become-an-accredited-mortgage-broker-in-australia/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Real Estate Agents: Why Adding Mortgage Broking to Your Skillset Makes Sense](https://accreditedbroker.com.au/real-estate-agents-why-adding-mortgage-broking-to-your-skillset-makes-sense/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How do you  Maximise the Value of Your Mortgage Brokerage Before Retirement](https://accreditedbroker.com.au/how-do-you-maximise-the-value-of-your-mortgage-brokerage-before-retirement/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [AI Chatbots in Mortgage Broking: Enhancing Client Service 24/7](https://accreditedbroker.com.au/ai-chatbots-in-mortgage-broking-enhancing-client-service-24-7/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Succession Planning Options for Mortgage / Finance Brokers and Financial Planners](https://accreditedbroker.com.au/succession-planning-for-mortgage-finance-brokers-accountants-financial-planners/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The Impact of Forecast Rate Reductions, the Spring Selling Season, and the New Australian Government First Home Guarantee Scheme](https://accreditedbroker.com.au/spring-selling-season-new-australian-government-first-home-guarantee-scheme/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [What are my options if I need a Certificate IV in Mortgage Broking](https://accreditedbroker.com.au/what-are-my-options-if-i-need-a-certificate-iv-in-mortgage-broking/): What are my options if I need a Certificate IV in Mortgage Broking - [Why the December Lower Inflation Rate of 3.2% May Not Be Good News for Australian Home Borrowers after all](https://accreditedbroker.com.au/why-the-december-lower-inflation-rate-of-3-2-may-not-be-good-news-for-australian-home-borrowers-after-all/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Understanding the Impact of the Monthly CPI Indicator Rising 2.3% in the Year to November 2024 on the Mortgage Industry](https://accreditedbroker.com.au/understanding-the-impact-of-the-monthly-cpi-indicator/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How the Reserve Bank of Australia’s Decisions Affect Mortgage Rates and the Housing Market](https://accreditedbroker.com.au/how-the-reserve-bank-of-australias-decisions-affect-mortgage-rates-and-the-housing-market/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Trends in Urban vs. Regional Property Markets: Comparing the Property Markets in Urban and Regional Areas](https://accreditedbroker.com.au/comparing-urban-and-regional-markets/): Trends in Urban vs. Regional Property Markets: Comparing the Property Markets in Urban and Regional Areas - [Which property markets in Australia are likely to be the best performers in 2024?](https://accreditedbroker.com.au/which-property-markets-in-australia-are-likely-to-be-the-best-performers-in-2024/): Which property markets in Australia are likely to be the best performers in 2024? - [Australian Property Market 2024: Navigating Uncertainty with Rate Cuts and Tax Tweaks](https://accreditedbroker.com.au/australian-property-market-2024-navigating-uncertainty-with-rate-cuts-and-tax-tweaks/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Stage 3 Tax Cuts: A Two-Sided Coin for Australian Mortgage Industry](https://accreditedbroker.com.au/stage-3-tax-cuts-a-two-sided-coin-for-australian-mortgage-industry/): Stage 3 Tax Cuts: A Two-Sided Coin for Australian Mortgage Industry - [Economists Say We Are at the Top of the Interest Rate Cycle, Causing a Surge in Activity in Eastern Australia Property](https://accreditedbroker.com.au/top-of-the-interest-rate-cycle/): Economists Say We Are at the Top of the Interest Rate Cycle, Causing a Surge in Activity in Eastern Australia Property - [Early Spring Selling Season Sees 25% Increase in Listings and Sales in NSW and Victoria](https://accreditedbroker.com.au/early-spring-selling-season-sees-25-increase-in-listings-and-sales/): Early Spring Selling Season Sees 25% Increase in Listings and Sales in NSW and Victoria - [Navigating Uncertainty: The Fears of Potential Home Buyers in Australia's Turbulent Construction Market](https://accreditedbroker.com.au/navigating-uncertainty-the-fears-of-potential-home-buyers-in-australias-turbulent-construction-market/): Navigating Uncertainty: The Fears of Potential Home Buyers in Australia's Turbulent Construction Market - [How Generative AI Can Help Mortgage Brokers Create Leads](https://accreditedbroker.com.au/how-generative-ai-can-help-mortgage-brokers-create-leads/): How Generative AI Can Help Mortgage Brokers Create Leads - [Exodus of Australian Landlords Driving Up Rents](https://accreditedbroker.com.au/exodus-of-australian-landlords-driving-up-rents/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Unveiling the Paradox: Property Prices Continue to Rise Amidst Record Rate Rises](https://accreditedbroker.com.au/unveiling-the-paradox-property-prices-continue-to-rise-amidst-record-rate-rises-in-australian-capital-cities/): The Australian property market has been witnessing a paradoxical trend where property prices continue to soar despite a series of record interest rate hikes. This unexpected scenario can be attributed to the persistent high demand for properties, fueled by a significant decrease in the number of properties - [Property Investors Bailing Out as Cashflow Deficits Mount](https://accreditedbroker.com.au/property-investors-bailing-out-as-cashflow-deficits-mount/): Property Investors Bailing Out as Cashflow Deficits Mount - [Housing Loan Commitments Increase for the First Time In a Year](https://accreditedbroker.com.au/housing-loan-commitments-increase-for-the-first-time-in-a-year/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Bond Yields Outperforming Stocks and Property: The Growing Attraction and Challenges for Investors](https://accreditedbroker.com.au/bond-yields-outperforming-stocks-and-property-the-growing-attraction-and-challenges-for-investors/): Bond Yields Outperforming Stocks and Property: The Growing Attraction and Challenges for Investors - [Unraveling the Mortgage Cliff Myth: Australian Homeowners Grapple with Soaring Variable Rate Repayments](https://accreditedbroker.com.au/unraveling-the-mortgage-cliff-myth-australian-homeowners-grapple-with-soaring-variable-rate-repayments/): Unraveling the Mortgage Cliff Myth: Australian Homeowners Grapple with Soaring Variable Rate Repayments - [Breaking Free: Banks Grant Mortgage Prisoners a Lifeline, Opening Doors for Refinancing and Saving Money](https://accreditedbroker.com.au/breaking-free-banks-grant-mortgage-prisoners-a-lifeline-refinance-and-save-money/): Freedom for Mortgage Prisoners: Lenders Grant Refinance Approvals Based on Lower Repayments, Urging Homeowners to Save Money - [Greedy State Governments' New Taxes and Interest Rate Increases Drive Investors to Sell Rental Properties, Exacerbating Rent Increases in Australia](https://accreditedbroker.com.au/greedy-state-governments-new-taxes-and-interest-rate-increases-drive-investors-to-sell-rental-properties-exacerbating-rent-increases-in-australia/): Greedy State Governments' New Taxes and Interest Rate Increases Drive Investors to Sell Rental Properties, Exacerbating Rent Increases in Australia - [NSW Government Incentives Empower Developers to Boost Affordable Housing Availability](https://accreditedbroker.com.au/nsw-government-incentives-empower-developers-to-boost-affordable-housing-availability/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Maximizing End-of-Financial-Year Opportunities with 120% deductions](https://accreditedbroker.com.au/maximizing-end-of-financial-year-opportunities-with-120-deductions/): inancial year draws to a close, businesses across Australia have an opportunity to optimize their financial position and capitalize on various strategies to maximize returns and minimize tax liabilities - [Massive Interest Rate Rises Impact on Purchaser Borrowing Ability Causing House Price Drops in Australian Suburbs](https://accreditedbroker.com.au/interest-rate-rises-causing-price-falls-in-australian-suburbs/): interest rate rises causing price falls in australian suburbs - [Will Mortgage Brokers be Replaced as Borrowers Turn to AI for Perfect Home Loans?](https://accreditedbroker.com.au/will-mortgage-brokers-be-replced-by-artificial-intelligence/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Who's Right, optimism of the share markets or the pessimism of the bond markets](https://accreditedbroker.com.au/optimism-of-the-share-markets-or-the-pesimism-of-the-bond-markets/): Who's Right, optimism of the share markets or the pessimism of the bond markets - [Is Sydney Property 30% overpriced](https://accreditedbroker.com.au/is-sydney-property-30-overpriced/): Is Sydney Property 30% over priced - [Property Markets to Boom due to Low House Starts and Immigration (Again)](https://accreditedbroker.com.au/low-house-starts-and-immigration-to-force-up-prices-again/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [The Skills-Value Matrix by Anil Puri](https://accreditedbroker.com.au/the-skills-value-matrix-by-anil-puri/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [What happens to the economy if people can't pay their home loans?](https://accreditedbroker.com.au/what-happens-to-the-economy-if-people-cant-pay-their-home-loans/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [How all the bloomin’ rate rises are affecting the spring market and you](https://accreditedbroker.com.au/how-all-the-bloomin-rate-rises-are-affecting-the-spring-market-and-you/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [What is loyalty tax and how do you avoid paying it?](https://accreditedbroker.com.au/what-is-loyalty-tax-and-how-do-you-avoid-paying-it/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Housing market will return to balance in 2024: Stockland CEO](https://accreditedbroker.com.au/housing-market-will-return-to-balance-in-2024-stockland-ceo/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [New MFAA CEO seeks greater broker market share](https://accreditedbroker.com.au/new-mfaa-ceo-seeks-greater-broker-market-share/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] ## Pages - [Policies](https://accreditedbroker.com.au/policies/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Employment](https://accreditedbroker.com.au/employment/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Enquiry Confirmation](https://accreditedbroker.com.au/enquiry-confirmation/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Books We Recommend](https://accreditedbroker.com.au/books-we-recommend/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Home](https://accreditedbroker.com.au/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Accounting Qualifications](https://accreditedbroker.com.au/accounting-qualifications/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Real Estate Qualifications](https://accreditedbroker.com.au/real-estate-qualifications/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [ASIC Licensing](https://accreditedbroker.com.au/asic-licensing/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Lender Accreditation](https://accreditedbroker.com.au/lender-accreditation/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. 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Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Real Estate](https://accreditedbroker.com.au/real-estate/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Mortgage Broking](https://accreditedbroker.com.au/mortgage-broking/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Contact Us](https://accreditedbroker.com.au/contact-us/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [Mentoring Program](https://accreditedbroker.com.au/become-accredited/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] - [About Us](https://accreditedbroker.com.au/about-us/): HOME / Qualifications Minimum Qualifications In order to work as a Mortgage or Finance Broker you will need to complete a Nationally Recognised Course.There are 2 levels of qualifications to become a mortgage broker in Australia. Firstly at a regulatory level set by the “Australian Securities and Investment Commission” (ASIC) which requires Certificate IV in Finance and Mortgage Broking currently FNS40821 and secondly at an industry level where some lenders and industry association “Mortgage and Finance Association of Australia” (MFAA) require Diploma in Finance and Mortgage Broking Management (FNS50322) to be completed within 12 months of joining.All industry participants who offer “credit” […] ## Optional - [Agent (MCP protocol)](websites-agents.hostinger.com/accreditedbroker.com.au/mcp) [comment]: # (Generated by Hostinger Tools Plugin)